By Valentine Ejiogu, Director, CFO Consulting Partners Late last year, the FASB and IASB released an exposure draft on the proposed new accounting standard, Topic 840. This will be the first significant change in lease accounting since FAS 13 was released in 1976. If finalized, the exposure draft would converge FASB’s and IASB’s accounting for… Continue reading Key Highlights of 2010 Exposure Draft on Leases by FASB and IASB