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Reuters: Companies Set to Win Lease Accounting Concessions

January 28, 2014, 06:57 AM
Filed Under: Regulatory News

Reuters reports that the draft rule forcing companies to put leases on their balance sheets is set to be eased after fierce opposition from companies worried that investors would take fright and that loans linked to leverage would be put at risk.
The Reuters reports says IASB Chairman Hans Hoogervorst told a meeting of the board's trustees and monitoring group of regulators, shown by webstream from Milan "We have started a re-deliberation and we expect to take the most important decision in March."

To read the full Reuters report, click here.

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