Study: Lease Accounting Plan Could Add $2 Trillion to Balance Sheets


The proposed changes to lease accounting standards could add $2 trillion to U.S. companies’ balance sheets, reduce earnings at affected companies by¬†2.4%, and increase debt by 11%, according to a study by IHS Global Insight for the Equipment Leasing & Finance Foundation. A new exposure draft by the by the Financial Accounting Standards Board and International Accounting Standards Board is expected by April.