What are the three aspects of FASB’s Big 3 Project? As anyone who has been knee-deep in their implementation can tell you, they are revenue recognition, financial instruments, and the topic of our latest edition of CPA Conversations: lease accounting. In a preview of his presentation at the Dec. 6 PICPA Accounting and Auditing Conference, Keith Peterka, a partner with Citrin Cooperman in Philadelphia, gives us the skinny on this meaty subject matter.

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By: Bill Hayes, Pennsylvania CPA Journal, Managing Editor