With the comment deadline approaching for the latest draft of the lease accounting proposals from the Financial Accounting Standards Board and the International Accounting Standards Board, more groups are weighing in with criticism.

The controversial proposals would require, among other things, for companies to begin carrying leases on their balance sheets. FASB’s own Investor Advisory Committee has reportedly said that the current exposure draft does provide an improvement over current U.S. GAAP and is overly complex. Instead it recommended that FASB instead required improved disclosures.

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