FASB Votes Yes on Lease Standard Implementation Delay for Non-Public Companies

October 16, 2019 at 4:22 PM / by LeaseCrunch® posted in LeaseCrunch®, FASB, New Lease Standard

As we all expected, the Financial Accounting Standards Board (FASB) voted today that the new lease accounting standard will be delayed for one year for non-public companies. The decision comes three months after FASB proposed the delay for this and several other major accounting standards.

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