Leasing has become one of the easiest ways to get into a new vehicle. But what to do if you want out?
The Financial Accounting Standards Board released an accounting standards update Monday to help lessors account for leases with variable lease payments. Processing Content The accounting standards ...
The Financial Accounting Standards Board voted to modify its leases standard so some companies won’t have to recognize a heavy loss at the beginning of certain types of lease contracts. The change, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Accounting for leases is changing. Beginning in 2019 for ...
FASB issued a standard Monday that is designed to improve the board’s lease accounting rules related to a lessor’s accounting for certain leases with variable lease payments. Under Topic 842, Leases, ...
The new lease accounting rules (Accounting Standards Update N0. 2016-02; Topic 842) will require the recognition of lease assets and lease liabilities for those leases classified as operating leases ...