Date: September 9, 2013

Issue: Accounting

To:  Russ Golden, Chairman,Financial Accounting Standards Board and the Honorable Hans Hoogervorst,  Chairman, International Accounting Standards Board

Filing Type: Coalition letter

Description: This letter was submitted on behalf of the Lease Accounting Coalition to FASB and IASB on their leases accounting standards. The coalition believe that the proposed leasing standard may increase financial reporting complexity, impose substantial costs on businesses, lack any benefits for investors and drive economic activity rather than reflect it.

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