Resumen de No more hiding lease liability
Statement of Financial Accounting Standards (SFAS) No. 13, Accounting for Leases, only required entities with capital leases to report a lease liability and asset on the balance sheet. The long-anticipated new lease accounting standard is the product of a decade-long joint project of the FASB and the International Accounting Standards Board (IASB) aimed at increasing the relevance and faithful representation of financial reporting for lease transactions.
