The International Accounting Standards Board (IASB) and U.S. Financial Accounting Standards Board (FASB) recently issued an updated proposal on lease accounting in their pursuit of a converged accounting standard.
CFA Institute is seeking feedback from investors on key aspects of these proposals. We urge investment professionals who use financial statements to provide their views on lease accounting as part of our current survey.
Vincent Papa, PhD, CPA, FSA Credential, CFA, was the director of financial reporting policy at CFA Institute. He was responsible for representing the interests of CFA Institute on financial reporting and on wider corporate reporting developments to major accounting standard setting bodies, enhanced reporting initiatives, and key stakeholders. He is a member of ESMA’s consultative working group for the Corporate Reporting Standing Committee, EFRAG user panel, and a former member of the IFRS Advisory Council, Capital Markets Advisory Committee, and Financial Stability Board Enhanced Disclosure Task Force. Prior to joining CFA Institute, he served in investment analysis, management consulting, and auditing roles.
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