FASB Standard-Setting Update ~ September 2013

FASB Standard-Setting Update ~ September 2013

Blog Focus on Accounting, Audit Committees and the Law

Here is a Summary of Current FASB Developments provided by Randy McClanahan of Johnston Barton Procter & Rose LLP in Birmingham, Alabama, for the August meeting of the ABA Business Law Section Law and Accounting Committee. Among other important topics, Randy provides a valuable summary of FASB’s latest exposure draft for a new lease accounting standard.