Global Standards for the world economy

Tuesday 21 February 2017

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IASB meeting summaries and observer notes

 IASB / FASB May 2012


The IASB and the FASB discussed the feedback received during the April and May 2012 outreach meetings with auditors, preparers, and users of financial statements regarding the lessee accounting model. The outreach discussions had focused on different methods of amortising the right-of-use asset as well as any consequences that a change to the lessee accounting model would have on the tentative decisions for lessor accounting.

The boards were not asked to make any decisions.

Date: 5/24/2012