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Jefferson Peters

Guest Blog Post By Jefferson Peters of KeyBank

Deciphering New Lease Accounting Changes

Over the past 10 years, the U.S. Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been working together on a plan to overhaul lease accounting. The primary benefits of leasing will be unchanged under the new rules:  Leasing continues to provide a host of advantages,…