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| Teaching Since: | May 2017 |
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MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
The existing  lease accounting model does not promote transparency & comparability of the financial position of companies that buy assets with those that lease similar assets. This has led critics to assert that the financial statements   do not always provide a faithful representation of leasing transactions. FASB / IASB  have deliberated on  the  main issues of recognition and measurement but with differing views .
Required:
Discuss  the   main issues  highlighted by the IASB and FASB, including their differing views, in achieving comparability and transparency in financial statements.
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