This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

FASB proposes targeted improvements to new leasing standard

  • FASB document Image

Jan 05, 2018

The FASB has issued a proposed ASU, “Leases (Topic 842) — Targeted Improvements.”

The proposed ASU would simplify the new leasing standard’s transition requirements and would provide lessors with a practical expedient related to separating nonlease components from lease components. It is also intended to reduce the costs of implementing the new standard.

Comments on the proposed ASU are due by February 5, 2018. For more information, see the press release and pro­posed ASU on the FASB’s Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.