Learn how the fair market value purchase option lets you buy leased assets at current market prices. Discover its benefits across automobiles, real estate, and more.

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 ...

Closed Travel Agent with For Lease sign in window, Queens, New York. (Photo by: Lindsey Nicholson/Education Images/Universal Images Group via Getty Images) “Non-Commenced leases” are the new version ...

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 ...

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 ...

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 ...

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, ...