FASB Publishes Revised Exposure Draft on LeasesOn May 16, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) released their revised Exposure Draft on leases. The revised Exposure Draft on leases is a joint effort of the FASB and the IASB and proposes that most leases of lessees would be recognized on the balance sheet, with the goal of providing transparent information that is decision-useful to users of financial statements.
On May 20, FASB will hold a webcast to present the main elements of the revised Exposure Draft on leases. Participants will have the opportunity to email questions to the panelists during the event. To register for the webcast, follow this link.
For more information, please contact Brian Lenihan at (202) 547-4733 or firstname.lastname@example.org.