IFRS in Focus
On track for a revised exposure draft on leases
Release date: 12 October 2012
This newsletter summarises the tentative decisions reached by the IASB and FASB in redeliberating the proposals in their August 2010 exposure draft (ED) on leases. On the basis of feedback received from constituents, the Boards made significant changes to the ED's proposals and plan to issue a revised exposure draft in the first quarter of 2013.