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Lessor narrow-scope improvements

The objective of this project is to address narrow-scope issues related to sales taxes and other similar taxes collected from lessees and certain lessor costs paid directly by lessees.


Meeting minutes

FASB Board discussions regarding this project are found in the following meeting minutes: 

  • October 31, 2018 — The Board discussed three issues related to lessor accounting in ASC 842.
  • July 25, 2018 — The Board discussed issues relating to the development of a proposed ASU addressing narrow-scope improvements for lessors.
  • March 28, 2018 — The Board discussed certain lessor costs and added this project to technical agenda.


Current status

The Board directed its staff to draft a final ASU for a vote by written ballot.


Project milestones

Date Developments Comments
March 28, 2018 Added to the FASB's agenda.

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.