The most intriguing recently is the one that mentioned about the proposed Joint FASB/IASB Lease Accounting Project.
The “major project ” reviews the current leasing-accounting standards. If the methodology that treating the current operating leases changed, then it might be a calamity to future structured and project financing transactions.
Leasing agreements account for at least 1/8 fix assets transactions worldwide. It was rampant in America and 1/3 of the equipments were leased.
If you interested the related article, you could click the hyperlink below.
http://www.garp.com/risknews/newsfeed.asp?Category=6&MyFile=2006-08-04-13296.html
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