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Lease Accounting

The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB), the two standard-setting organizations for accounting, have been engaged in a multi-year effort to converge many accounting standards. The lease accounting standards convergence project began in 2006 and is ongoing today.

Video

Lease Accounting Update

NAR Government Affairs policy representatives talk about the association's efforts to prevent lease accounting changes from hurting commercial real estate.