FASB Lease Accounting Changes – A Whole New World
&gt; Approximately 10 years ago, the SEC mandated from the FASB and IASB that we put operating leases on the balance sheet. The purpose of this change is to get a true representation of the future liabilities of companies.

* [article](http://blog.thebrokerlist.com/fasb-lease-accounting-changes-whole-new-world/)
* [discussion on r/RealEstateTechnology](https://www.reddit.com/r/RealEstateTechnology/comments/3ygdmn/fasb_lease_accounting_changes_will_increase/)
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