Special Report on
Finance Lease Accounting
Finance Lease Accounting - Trends
Latest Trending Story:
In its 63rd year of publication, this edition captures today's prevailing financial reporting practices with hundreds of illustrative examples from the actual financial statements of the country's most prominent publicly-traded companies. Fully updated with all new presentation and disclosure examples, as well as narratives describing financial reporting requirements, you get the tools you need to apply the complex reporting guidance within U.S. GAAP, including statistical data revealing the latest trends in presentation and disclosures. This 2009 edition of Trends includes highly anticipated illustrative ...
lots, in many forms and cases, the concepts, theories and the standard. In this post I provide 3 essentials step-by-step procedures to proper accounting for lease . They are based on the IAS 17 requirements . Read on… A typical lease is recorded by the lessee as an operating lease. Under IAS 17, the lessee must record a lease as a finance lease if a substantial number of all the benefits and risks of ownership have been transferred to the lessee. Use this nine-step procedure to determine the correct accounting for a finance lease during all phases of the lease term : Step-1 . Upon ... Read More
SURVEY RESULTS FOR
FINANCE LEASE ACCOUNTING
Business Vehicle Buy or Lease a Car?
Home Based Business Tax Deductions & Write Offs 2009, 2010.mov