New Accounting Standards May Bring Vehicles Leases on Your Balance Sheet

Both the International Accounting Standards Board (IASB) and the Financial Standards Accounting Board (FASB) have recently issued new accounting standards related to lease assets. For public companies following FASB standards, the effective date for implementation is for the fiscal year beginning on or after December 15, 2018. For all other companies, the effective date of the FASB standard will b...

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Oilman Jan-Feb 2018

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