Lease accounting continues to be controversial and complicated. The FASB and the IASB are working on a joint project to radically restructure lessee accounting, but in the meantime important differences remain between US GAAP and IFRS. This webcast, offered by Compliance Week, will briefly explore current differences in the accounting for lease transactions, including land leases, investment property, and sale and leaseback transactions with a brief look ahead at what changes are under discussion at the FASB and the IASB.

Visit Complianceweek.com for the full article.