Browsing All posts tagged under »FASB«

The Capitalization of Leasing or How Accountants Generate Fees in a Bad Economy

January 31, 2011

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What is better than 20 lawyers at the bottom of the ocean . . . 21 accountants! In what can only be described as a blatant attempt to create something out of nothing at all, instead of love like Air Supply the International Financial Reporting Standards “IFRS” is looking to create money by changing the rules […]