NAR joined with other trade associations to acknowledge the efforts of the Financial Accounting Standards Board
(“FASB”) and the International Accounting Standards Board (“IASB”) to revise the Exposure Draft, Proposed Accounting Standards Update on Leases (“lease accounting proposal”) and to delay the deadline for final promulgation. The joint letter addresses the specific concerns and solutions NAR has with the draft.
Comments: FASB/IASB on Leases & Exposure Draft
Issue Date: May 26, 2011
NAR joined with other trade associations to acknowledge the efforts of the Financial Accounting Standards Board
(“FASB”) and the International Accounting Standards Board (“IASB”) to revise the Exposure Draft, Proposed Accounting Standards Update on Leases (“lease accounting proposal”) and to delay the deadline for final promulgation. The joint letter addresses the specific concerns and solutions NAR has with the draft.
Download the letter