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AN ANALYSIS OF THE IMPACT ON LESSEES OF THE NEW APPROACH TO LEASE ACCOUNTING

Sponsored By Equipment Leasing and Finance Association (ELFA)

Topics:: Accounting > Accounting Standards , Balance Sheet

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Abstract:: The new approach to lessee lease accounting being developed by the FASB and the IASB has the potential to send lease costs soaring. This white paper demonstrates the real dollar impact of the Lease Accounting Project's failure to match accounting with economic reality.

DETAILS

Sponsored by: Equipment Leasing and Finance Association (ELFA)

Released: February 22, 2010

Length: 3 pages

Format: PDF (26 kb)

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