Discount Rate Lease Relief Proposed for NFPs & Private Companies

Thoughtware Alert Published: Jun 22, 2021
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On June 16, 2021, FASB issued an exposure draft to provide relief to private companies, all not-for-profit entities (whether or not they are conduit bond obligors), and all employee benefit plans in determining the discount rate to use under the new lease guidance in Accounting Standards Codification 842. This article provides details on the proposal.   

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