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Please see the attached discussion question. 5-7 sentences are only needed. Open Secrets: How Leases Play a Shadowy Role in Accounting; Despite a Post-Enron Push,

Please see the attached discussion question. 5-7 sentences are only needed.image text in transcribed

Open Secrets: How Leases Play a Shadowy Role in Accounting; Despite a Post-Enron Push, Companies Can Still Keep Big Debts Off Balance Sheets Weil, J. (2004, Sep 22). Wall Street Journal. Retrieved from http://ezproxy.umuc.edu/login? url=http://search.proquest.com/docview/398942712?accountid=14580 The article above was published in 2004. By mid-2005, more than 250 companies announced earnings restatements related to lease accounting issues. The FASB and the IASB subsequently began a joint project on leases. From the perspective of financial statement users, what, in your opinion, are the most significant issues or problems relating to lease accounting? (In addition to discussing the issues identified in this article, please feel free to conduct additional research to help you identify the key issues). See "Breakroom">"Class Participation Policy" for class participation grading policy

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