Global Standards for the world economy

Sunday 26 February 2017

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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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