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Thursday, August 18, 2011

IASB Pushes Back

Decision On Lease Accounting Rule Changes Likely Pushed Back Until 2012

Inundated with comments and complaints, international accounting rule makers have decided to resubmit proposed changes on how companies account for real estate and capital equipment leases for public comment, a move that will probably delay issuance of a new lease accounting standard until well into next year.

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