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We've been hearing about the proposed changes in lease accounting standards for over two years now. That's how long ago I did my first show on the topic with Michael Vandergoot and Peter Morris. Prior to that, I had no idea what the hullabaloo was about. I used my preparation for the show, and the show itself, to educate myself. Then, there were lots of comments and objections to the proposed changes.
Now we seem to be at the final comment stage with FASB (Financial Accounting Standards Board), proposing new changes to go into effect in 2017.
Michael Vandergoot, CPA
Senior Compliance Officer, BC Compliance Group, LLC
Peter Morris SCLS, SCSM, SCMD
CEO, Greenstead Group LLC
Mike Hammerslag MBA, MS, PhD(ABD), MCR, CPM
Real Estate Solutions Strategist, Lucernex
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It's good to talk.