NEW YORK--(BUSINESS WIRE)--Fitch Ratings today published an updated asset-backed sector specific criteria report. There have been no material changes from the previous version, and therefore Fitch ...

Operating leases are effectively a form of off-balance sheet debt that can be easily overlooked. When capitalized, they can have a dramatic effect on companies’ leverage for certain industries.

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 ...

When your business leases equipment rather than buying it, there are two ways you could handle the lease in your accounting. Depending on the terms of the lease, you could treat it as an operating ...

Last September, the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) released the "Lease Accounting Exposure Draft," which is a joint public statement ...

A new accounting rule added nearly $3 trillion to corporate balance sheets in Q1. Operating lease obligations, formerly buried in the footnotes, must now be reported as a liability – and corresponding ...

Businesses that use expensive assets such as large fleets of trucks or heavy industrial machinery often lease their equipment. Unlike an ordinary rental agreement, however, these industrial leases ...

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, ...