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Corporate Investors Irked By Lease Accounting Changes

PYMNTS

The publication reported Thursday (May 2) that the International Financial Reporting Standards will apply to organizations across 140 countries, shifting the way businesses account for their leases in financial statements.

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Small Businesses’ Biggest Lease Accounting Pitfalls

PYMNTS

New lease accounting standards are in effect for publicly traded companies in the U.S. after the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) introduced changes to the way businesses account for their outstanding leases.