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FASB Leasing Changes Delayed

Companies now have a bit more breathing room and time to prepare for the FASB 13 changes after an announcement in April 2011 that the Board is delaying the June target date for finalizing and releasing the new standards.  FASB and IASB have determined they need more time to review feedback they received from stakeholders to ensure the final standards are of the highest quality, according to their podcast announcement.

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