MEDIA ADVISORY 07/12/12

FASB and IASB to Address Frequently Asked Questions on Leases Project in July 19 Webcast

Norwalk, CT, July 12, 2012—The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) will hold a live webcast to provide an update on the Boards’ proposals in the joint project on improving financial reporting about Leases. The webcast will take place on Thursday, July 19 from 11 a.m. to 11:45 a.m. Eastern Daylight Time.

The session is intended to help viewers gain an understanding of the decisions reached at the joint board meeting in June 2012 and receive answers to various frequently asked questions about the proposals. Viewers will have the opportunity to submit questions during the live webcast.

The webcast will feature Cullen Walsh, FASB Practice Fellow; Danielle Zeyher, FASB Project Manager; and IASB project leaders. The webcast is free of charge; however, viewers are required to preregister. Participants also have the option of preregistering to listen in by phone. An archive of the event will be made available a few days after the live event. CPE credit will not be offered for this webcast.


About the Financial Accounting Standards Board

Since 1973, the Financial Accounting Standards Board has been the designated organization in the private sector for establishing standards of financial accounting and reporting. Those standards govern the preparation of financial reports and are officially recognized as authoritative by the Securities and Exchange Commission and the American Institute of Certified Public Accountants. Such standards are essential to the efficient functioning of the economy because investors, creditors, auditors, and others rely on credible, transparent, and comparable financial information. For more information about the FASB, visit our website at www.fasb.org.