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Discuss the changes in lease accounting. Provide details of your understanding and how accounting for leases potentially impact the financial statements. Include an explanation from
Discuss the changes in lease accounting. Provide details of your understanding and how accounting for leases potentially impact the financial statements. Include an explanation from an investor perspective on how changes in lease accounting can potentially impact third party decisions. Review the resources provided by the FASB to assist with drafting your response and engaging in discussion. You may also include your thoughts and findings on why the effective date for the implementation of lease accounting rules have been delayed.
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