Agenda for leases working group meeting

  • Working group meeting (mid blue) Image

14 Feb 2007

The IASB and FASB Working Group on Lease Accounting will meet on 15 February 2007 (tomorrow) at the Crowne Plaza London - St James, 45-51 Buckingham Gate, London.

The meeting is open to public observation. The agenda is below. Click here to Download the Agenda Papers (AP) from the IASB's website.

Agenda: IASB and FASB Working Group on Lease Accounting

15 February 2007, 10:00am to 17:30pm

  • The need for change – IASB Member Warren McGregor
  • Project overview and objectives of the meeting – AP 1
  • Identification of the assets and liabilities arising in a simple lease contract and analysis of different possible accounting models – AP 5 and AP 6
  • Characteristics and terms of common lease contracts – AP 7
  • Initial recognition of assets and liabilities arising in a lease contract – AP 8
  • Identification of the assets and liabilities arising in a lease with a lessee option to renew and analysis of different possible accounting models – AP 9 and AP 10
  • Options to terminate a lease – AP 11

Additional agenda papers are:

  • AP 2 History of Lease Accounting
  • AP 3 Academic research on Lease Accounting
  • AP 4 Asset and Liability definitions

Related Topics

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