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BRIDGING THE GAAP: THE NEW LEASE ACCOUNTING STANDARDS, LEASE DRAFTING AND NEGOTIATIONS

November 06, 2019 | (1:00 pm - 2:40 pm)
USA (United States of America)
In April 2016, after many years of deliberations, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued new rules that required companies to put all real estate and other leases on their balance sheets. These new GAAP and IFRS rules, which started going into effect this past January have wreaked havoc in the industry.