How The New Operating Lease Could Affect Companies
As far as Accounting for ‘Operating Lease’ concern, under current FASB rules, a company can classify a lease as ‘operating lease’ if the lease period …
Posts tagged Capital Lease
Leases Classification Involving Land, Building and Equipment [Real Estate]
Many of us still in confuse in understanding lease classification, especially leases that involving land, building and equipment [Real Estate]. From comments arisen so far, …
Hidden Risk Behind The Lease Accounting
Lease accounting has been a disaster for a very long time. Many Corporate managers can deceive investors and creditors by reporting leases as operating leases …
AccountingAssetBeginnerFinancial ReportFinancial StatementFixed AssetFixed/Plant AssetGoodwillIntangible Asset
Classification Of Fixed Asset (Non-current Asset)
Generally the most significant non-current asset in terms of value is a company’s investment in property and equipment. These are the assets that companies commit …
Accounting For Lease: Operating and Capital Lease
In a lease arrangement, the owner-lessor agrees to rent an asset (machinery, equipment, land, or building) to the tenant-lessee for a set number of periods …