The FASB and the IASB began their redeliberations of the proposals included in the May 2013 Exposure Draft ED/2013/6 Leases.
The objective of the meeting was to have an in-depth discussion of the following topics:
a. lessor accounting model;
b. accounting for “Type A” leases by lessors;
c. lessee accounting model; and
d. lessee small-ticket leases.
The IASB and the FASB were not asked to make any decisions. They directed the staff to perform further analysis on those topics for discussion at a future meeting.