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 ...

If your small business leases assets to other companies, you need to know the difference between a direct financing lease and a sales-type lease. These two types of leases have different implications ...

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, ...