The QCA Financial Reporting Committee drafted this response to the International Accounting Standards Board's (IASB) consultation on its proposed changes to its leases accounting standard. The QCA argued thatthe costs associated with recognising and measuring the assets and liabilities in relation to such non-core assets outweigh the benefits and should be excluded from the proposed new standard.
QCA Response to the IASB's Exposure Draft on Leases
The QCA Financial Reporting Committee drafted this response to the International Accounting Standards Board's (IASB) consultation on its proposed changes to its leases accounting standard.