Global Standards for the world economy

Thursday 27 October 2016

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 Tentative decisions from November 2009 Board meeting

20 November 2009

In November 2009, the Board made tentative decisions on the initial and subsequent measurement of the lessee's obligation to pay rentals and right-of-use asset as well as of the lessor's receivable and performance obligation. The Board also reached a preliminary view on how the lessee and the lessor would account for lease contracts that grant the lessee the right to extend or terminate the lease.

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