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Proposed lease accounting changes open for review

By Rebecca Tonn rebecca.tonn@csbj.com This summer, the Financial Accounting Standards Board will issue a proposal for review and comment that would change how public and private businesses account for leases. Businesses use either “capital” leases or “operating” leases. A capital lease involves leasing an asset, such as vehicle, warehouse, property or heavy equipment for most… Continue Reading Proposed lease accounting changes open for review