BASIS POINTS: Proposed Lease Accounting Change Would Impact Treasury

Treasurers should keep their eyes peeled for proposed changes in lease accounting standards that will require all leases to appear on companies' financial statements. It may seem like strictly an accounting issue, but the potential impact to companies' P&L and balance-sheet statements could affect some firms' ability to comply with loan covenants.

The Long Arm of Enron | Source: The Big Fat Finance Blog.