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ELFA Submits Comment Letter on Lease Accounting Update

December 07, 2020, 07:15 AM

The Equipment Leasing and Finance Association (ELFA) on Dec. 3, submitted a comment letter to the Financial Accounting Standards Board on its new lease accounting proposal. The proposal is intended to improve three areas of its lease accounting guidance. The letter was signed by ELFA President and CEO Ralph Petta and sent to Richard Jones, Chair, Financial Accounting Standards Board.

Read the Letter here.

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