FASAB is seeking input on proposed amendments intended to clarify the application of lessee and lessor discounting requirements.
The FASAB exposure draft proposes targeted omnibus amendments that also intend to clarify the application of sale-leasebacks guidance to intragovernmental sale-leasebacks and the disclosure requirements applicable to them.
FASAB requests comment on the exposure draft by July 8. The advisory committee encourages commenters to provide the reasons for their positions. Visit this site to begin the process.