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 ...

Your business’s ability to access equipment is crucial for its development and growth. Unfortunately, most equipment is expensive — especially if your business is new or has limited access to capital.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. The deadline for private companies to adopt the new lease ...

Almost every small business reaches a precipice where they need to finance or lease equipment, vehicles, or both. And while the first time or two can make a business owner feel anxious, the reality ...

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 ...

The Financial Accounting Standards Board (FASB) introduced a new accounting standard (ASU 2016-02) that requires companies to recognize operating lease assets and liabilities on the balance sheet. My ...

The approval of the new lease accounting standard by the Financial Accounting Standards Board (FASB) after many years of anticipating its revision means construction companies can now move forward and ...

Lease accounting is becoming more complex and detailed for private companies and not-for-profit entities. Business valuations may also be impacted by the new standard. Effective in fiscal years ...

Some of the equipment vital to business operations is painfully expensive. For a startup business in particular, the idea of affording necessary equipment can feel like mission impossible. At the same ...