Companies that own large pieces of equipment often choose to lease that equipment to other businesses. The company, or lessor, reviews the terms of each lease to determine how to record it in ...
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, ...
State and local governments would report leases based on the principle that leases are financings of the right to use an underlying asset, under a proposal GASB issued this week. The proposal would ...
Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...
The Federal Accounting Standards Advisory Board (FASAB) issued a proposal Monday that would change lease accounting for federal government entities. Proposed Statement of Federal Financial Accounting ...
(MENAFN- GetNews) "Outsourced Accounts Receivable Services [USA]"Oregon property managers are enhancing lease billing workflows by adopting outsourced accounts receivable services. With rising ...