Changes in the proposed lease accounting standards that the Financial Accounting Standards Board and the International Accounting Standards Board are working to converge are expected to have an impact on approximately half of public companies, but less than 10 percent will see a major impact, according to new research by the IASB.

Speaking at an International Financial Reporting Standards conference in Singapore, IASB chairman Hans Hoogervorst said Thursday that the IASB had conducted an analysis of the impact of the proposed leasing standard on 12,000 listed companies across Europe, Asia and North America and found some interesting insights.

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