Accounting standard setters classify leases as operating or capital to differentiate true lease agreements from purchases disguised as leases. If the lease has any of the following characteristics, it ...

GASB 87, a new lease accounting standard for governmental entities, requires leases to be reported on the face of the financial statements and eliminates distinction between operating and capital ...

This article was published in Law360 on January 16, 2019. © Copyright 2019, Portfolio Media, Inc., publisher of Law360. It is republished here with permission ...

In December, new accounting standards for reporting leases are scheduled to go into effect. The intention: To more accurately portray leases’ implications for a company’s financial health. Under the ...

The Financial Accounting Standards Board’s new leasing standard will have a major impact on lessees, but its origins can be traced back to the old rules. What used to be called operating leases are ...

The new standard requiring all leases longer than 12 months to be recorded on balance sheets is now in effect for nonpublic companies with a fiscal year beginning after Dec. 15, 2021. Processing ...

A synthetic lease is a financing technique structured to be an operating lease for the lessee’s financial accounting purposes and a financing for U.S. federal tax purposes. Synthetic leases are most ...

It's going to take a great deal of time and resources to dig into the underlying contracts to discern how to properly follow the new rules and determine the impact on your financial statements. It's ...

Public companies’ required implementation of FASB’s new lease accounting standard in 2019 means that financial statement auditors need to be prepared to make new judgments. Although the private ...

Banks are bracing for the impact — on two fronts — of a new federal rule that will change how companies account for the cost of leasing everything from equipment to automobiles to space in office ...

I last wrote on Tesla, Inc. (TSLA) with a HOLD thesis more than a month ago (on June 12, 2024, to be exact). That article, entitled "Tesla: Inventory Does Not Lie", cautioned investors about the ...