Shawn Halladay, managing director of The Alta Group’s Professional Development Practice, said in a letter to the International Accounting Standards Board (IASB) and national FASB this month that a particular feature in the proposed accounting rules creates unintended accounting and operational consequences when applied to manufacturer lessors. In the six-page letter, sent Aug. 6, he requests that the boards review and clarify the “Receivable and Residual model,” and he provides multiple charts and tables to illustrate his analysis. Click here for the letter, or contact shalladay@thealtagroup.com.
John Deane Is Interviewed On Industry’s Outlook
