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International Accounting

10/4/2016

International Accounting

New accounting standards for leasing transactions are coming down the pike in 2018-19 and they will impact every company and organization with lease agreements. The new Financial Accounting Standards Board (FASB) requirements are designed to make these transactions more transparent by ending what corporate financial stakeholders identified as large, off-balance-sheet accounting in addition to unifying European and U.S. accounting practices.

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