Baker Tiller Publishes Information on Lease Accounting

Chicago-based Baker Tilly (FY12 net revenue of $259 million) has published an article, Revised Lease Accounting Exposure Drafts Released” to help companies understand the changes to lease accounting proposed by the Financial Accounting Standards Board and the International Accounting Standards Board. The article provides an overview of the changes, and provides information on the “dual-recognition approach” and “insignificant determination.”