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Friday 31 October 2014

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Leases

Project news


 Project news history



At the February 2012 meeting, the boards discussed lessee accounting and, in particular, different methods of amortising the right-of-use asset. The boards asked the staff to perform further outreach on those different methods to assess their operationality and usefulness for users of financial statements. The staff will report back to the boards in Q2 2012. Because of this, the expected timing of publication of the re-exposure document is the second half of 2012.

13 March 2012

Summary of outreach activities undertaken to date posted, click here

21 April 2011

The staff have produced a summary of how the proposals in the exposure draft Leases (ED) would change as a result of the IASB and FASB's tentative decisions. The table reflects tentative decisions made up including its meeting on the week commencing 21 March 2011. Click here to see how tentative decisions of the boards are reflected in the ED.

29 March 2011

The next Leases Working Group meeting will take place on Monday 11th April 2011, click herefor more details

11 March 2011

Joint board meeting on 26 January 2011 cancelled. A Leases session, in which the boards will continue to discuss how to distinguish between a lease contract and a service contract, will instead be held during the joint board meeting on 1 and 2 February

25 January 2011

Comment letter summary for exposure draft letters added to the project page, click here

19 January 2011

Webcast of round table discussions in USA - 5 and 6 January 2011 now available.

14 January 2011

Webcast of round table discussion in Hong Kong (20 December 2010) now available.

10 January 2011

The agenda and papers for the FASB/IASB Joint Lease Working Group meeting on 7 January 2011 are now available. To view the papers, please click here.

4 January 2011

As part of the ongoing series of webcasts about the Leases exposure draft , the IASB staff will be hosting a live  webcast on Monday 1 November 2010. This webcast will address common questions the staff are asked about the lease accounting proposals. For participants in different time zones the webcast is scheduled for 10am and 3pm London time.

26 October 2010

The FASB will be hosting a webcastto discuss the Exposure Draft, Leases, which was issued on August 17, 2010. The webcast is scheduled for Thursday, October 28, 2010, from 11:00 a.m.�12:00 p.m.

22 October 2010

This project will be discussed by the Board at their October 2010 meeting. For more information and observer notes as they become available, please  click here and select a board meeting date

14 October 2010

Registration for Leases round tables is now open. Please register by 1 November. Click here for details

14 October 2010

The IASB and FASB plan to hold a series of public round table meetings in December 2010 and January 2011 for the Leases project

17 September 2010

The IASB and FASB published a questionnaire for lessess and lessors as a part of outreach on their Leases project

2 September 2010

 

A link to a FASB podcast on the Leases exposure draft has been posted

24 August 2010

The IASB and FASB published for public comment an  exposure draft Leases. Also available for download is a snapshot summary document, introducing the exposure draft

17 August 2010