Operating and capital leases are two types of treatments of equipment leases. The type of lease not only determines how the lease is is booked, it also determines the tax benefits a company will ...

Moving the measurements of operating leases from the footnotes of GAAP financial statements under FASB ASC Topic 840, Leases, to the balance sheet as assets and liabilities under Topic 842, Leases, ...

Many companies are not complying with the Financial Accounting Standards Board’s (FASB) new standard (ASU 2016-02) for reporting operating lease assets and liabilities on the balance sheet. This ...

A new accounting rule added nearly $3 trillion to corporate balance sheets in Q1. Operating lease obligations, formerly buried in the footnotes, must now be reported as a liability – and corresponding ...

A small business accounting for lease agreements on its financial records must differentiate between capital and operating leases. A capital lease must meet certain criteria for classification, and ...

HONG KONG, Feb 17, 2020 - (ACN Newswire) - - Asia Pioneer Entertainment Holdings Limited ("APE Holdings" or the "Company", with its subsidiaries collectively referred as the "Group"; Stock Code: ...

The latest update is out from Genertec Universal Medical Group Company ( ($HK:2666) ). Genertec Universal Medical Group has signed an operating ...

Miami, Florida--(Newsfile Corp. - December 10, 2020) - Global Crossing Airlines Inc. (TSXV: JET) (OTCQB: JETMF) ( "GlobalX") is pleased to announce the signing of an operating lease agreement for its ...

Do single-member LLCs need written operating agreements? The question may seem odd, since, by definition, single-member LLCs have only one member, who thus completely controls his or her (or its) LLC.

Lease payments are tied to the terms of different forms of leasing, with differences in lease types coming from how maintenance is treated.