FASB Issues Improvements to the New Lease Accounting Standard
On July 30, 2018, the Financial Accounting Standards Board (FASB) issued ASU No. 2018-11, a long-awaited – but expected – update to pending changes in lease accounting standards, intended to reduce implementation costs and burden. The update provides a new, simplified transition method (relief that has been on the FASB agenda since the end of […]
