Lease Accounting
Recent Activity
Anonymous (Accounting Manager)
David Wittenberg (Principal, Verax Point Consulting, LLC)
Changes loom menacingly in the land of lease accounting. Be afraid… or not. Many fiercely oppose pending changes to lease accounting, changes that would make leases look more like purchases on financial statements. While it may cause temporary...
John Kirk (Managing Director, Lease Portfolio Recovery Services)
The fundamental myth is that end of lease (month-to-month and longer) extensions are in any way unusual. In fact most lessees struggle to return leased equipment and end up paying some version of extension rents on the majority of their equipment leases. Lessors...
Hi, We're re-negotiating our office lease and, in the process, incurring legal costs. It's an operating lease. Our CFO wants to capitalize this cost but I can't see how this is possible. There is no future economic benefit. ...
Jack Ormberget (CFO, Color Star Growers of Texas, Inc.)
We are about to lease a piece of equipment for our manufacturing process. It's an expensive machine and the lease extends to 36 mo's. As it is a lease, should we the Lessee be responsible for the BPP's to the County Tax Assessor? I have seen this...
Anonymous (Accounting Manager)
Anonymous (Accounting Manager)
Kim Supercynski (CFO, Lincolnway Energy, LLC)
Gary Hagmueller (CFO, Consulting)
