NEW YORK--(BUSINESS WIRE)--CIT Rail Resources, an operating group of CIT Group Inc. (NYSE: CIT), and one of North America's largest railcar and locomotive lessors, announced today that it has signed ...
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 ...
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: ...
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 ...
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, ...
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 ...
The Board of Directors and Executive Director of College Park at Grand Island have addressed recent media coverage regarding ...
For many entrepreneurs signing a lease seems like renting an apartment – a Tennant/Lessee agrees to pay a certain fee to Lessor/Agent per month. Right? Nothing could be further from the truth. The ...