Federal Register #2026-08730

Request for Public Comment on Embedded Leases Accounting Standard

This opportunity is a request for public comment on a proposed federal accounting standard: - Government Buyer: - Federal Accounting Standards Advisory Board (FASAB) - OEMs and Vendors: - FASAB is the only organization mentioned; no commercial OEMs or vendors are involved - Products/Services Requested: - No products or services are being procured - The request is solely for feedback on the exposure draft titled 'Embedded Leases Practical Expedient' - Unique or Notable Requirements: - The notice seeks comments and input from interested parties on the proposed accounting standard - No purchase quantities, part numbers, or technical product requirements are specified - The focus is on federal financial reporting standards for embedded leases

Description

The Federal Accounting Standards Advisory Board (FASAB) has released an exposure draft of a proposed Statement of Federal Financial Accounting Standards titled Embedded Leases Practical Expedient for public comment. Respondents are encouraged to comment on any part of the exposure draft. The notice invites comments on the proposed standard related to embedded leases. Comments are due by July 30, 2026.

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