Real Estate/Development
Oct. 27, 2011
Firms fear new accounting rule
Real estate lawyers say they're highly concerned about possible impacts of proposed changes by national and international accounting boards requiring corporate lessees to report lease expenses on their balance sheets.
Daily Journal Staff Writer
It's been more than a year since U.S. and international accounting regulators unveiled leasing rule changes that lawyers in the real estate and financial industries likened to the sky falling.
The mood has eased since the nation's Financial Accounting Standards Board and the International Accounting Standards Board - concerned about uniformity and transparency in the wake of accounting ...
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