• Service: Audit, IFRS
  • Type: Business and industry issue
  • Date: 7/22/2013

New on the Horizon: Leases for Banks 

Banks said that the 2010 lease accounting proposals were ‘complex, costly and would reduce comparability’.

The IASB’s and the FASB’s joint leases project continues to be a hot topic for banks. The Boards published revised proposals in May 2013. This publication looks at the potential impact of the revised proposals on banks and highlights the issues relevant to banks.

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IFRS Publications and news - IFRS publications and news – To receive information on the latest IFRS issues including GAAP comparisons, line of business, illustrative financial statements, comment letters and latest developments on Leases, Revenue and Financial Instruments 

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