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IFRS Newsletter: Leases - Model Alternatives

Feb 03, 2014
From the IFRS Institute

The January 2014, Issue 13 of KPMG ISG’s IFRS Newsletter: Leases – Model Alternatives summarizes the January meeting of the FASB and the IASB at which the Boards discussed fundamental aspects of their 2013 lease accounting proposals. Specifically, the Boards discussed whether to retain the dual model for lessee accounting and, if so, the lease classification test; lease classification and lease accounting by lessors; and several options to simplify applying the proposals to small-ticket leases.

Read KPMG ISG's IFRS Newsletter: Leases - Model Alternatives