An open-end lease requires the lessee to make a final balloon payment to purchase the asset. Learn how open-end leases work, ...

Learn how single net leases transfer property tax responsibilities to tenants, reducing landlords' burdens while offering a ...

When it comes to buying or leasing medical equipment, both routes have their pros and cons. However, leasing is becoming an increasingly popular choice for many healthcare providers. The best medical ...

ASC 842, the new lease accounting standard, represents the most significant change in decades to the way companies account for leases under U.S. GAAP. For the first time, companies are required to ...

According to reports from the Securities and Exchange Commission and the U.S. Chamber of Commerce, U.S. companies currently have an estimated $2.8 trillion in operating lease obligations that are ...

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, ...

FASB Accounting Standards Codification (ASC) Topic 842, Leases, issued in February 2016, marked a significant overhaul in the financial reporting of long-term leases. Its adoption created many ...