Accounting for Leases

FASB and IASB are focused on lessee accounting in connection with its joint Lease Accounting project, which will potentially impact accounting by our industry’s tenants and may also impact lessor accounting. Lessor accounting is being examined in the context of the joint IASB/FASB revenue recognition project. NAREIT and its global partners continue to share their views with IASB and FASB with respect to lessor accounting and the impact that these changes would have on the industry.

May 2008 Financial Standards Update

May 2007 Financial Standards Update