REoptimizer® Blog

IASB/FASB Lease Accounting Standards - March 2015 Update

Posted by Don Catalano on Mar 23, 2015

For the last few years, the US-based Financial Accounting Standards Board and the International Accounting Standards Board have been reworking the way that tenants account for commercial real estate leases. One proposal was to have the US follow the international lease accounting standards, which would essentially end the concept of an operating lease. That proposal has been modified for the time being in the United States, but the IASB's changes for the rest of the world are going forward.

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Topics: FASB, IASB, lease accounting standards, cre lease accounting, commercial lease accounting, commercial real estate, CRE