Thursday, December 2, 2010

If you Lease (Car, Office Equipment, Art), PLEASE See This

In simple English, if you lease anything for your business the way you account for the lease may change. There is a lease accounting change proposal proposed that will completely revamp te way you account for leases, and NOT in a positive way.

Here's a summary from BOMA International:

If you want Deloitte'sExposure draft on Lease Accounting (all 51 pages) click here:

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