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Which of the following is a reason why lease accounting under U . S . GAAP and IFRS were revised? Multiple Choice All of these
Which of the following is a reason why lease accounting under US GAAP and IFRS were revised? Multiple Choice All of these answer choices are correct. To enhance comparability for analyzing different companles' financial statements. It was too easy for firms to circumvent lease capitalization criteria. Operating leases were a popular means of offbalance sheet financing. 
Which of the following is a reason why lease accounting under US GAAP and IFRS were revised?
Multiple Choice
All of these answer choices are correct.
To enhance comparability for analyzing different companles' financial statements.
It was too easy for firms to circumvent lease capitalization criteria.
Operating leases were a popular means of offbalance sheet financing.
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