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Lessee Accounting Issues to be considered under Leasing Project

Thursday, April 12, 2012

The Financial Reporting Committee (“FRC”) of the Institute of Management Accountants (“IMA”) submitted a letter to the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) to express views on alternative costs allocations for lessee accounting issues that are being considered by the Boards under their Leasing project.

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