The latest update is out from Genertec Universal Medical Group Company ( ($HK:2666) ). Genertec Universal Medical Group has signed an operating ...

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: ...

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 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 ...

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 ...

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 ...

Miami, Florida--(Newsfile Corp. - December 10, 2020) - Global Crossing Airlines Inc. (TSXV: JET) (OTCQB: JETMF) ( "GlobalX") is pleased to announce the signing of an operating lease agreement for its ...

Do single-member LLCs need written operating agreements? The question may seem odd, since, by definition, single-member LLCs have only one member, who thus completely controls his or her (or its) LLC.

The clock is ticking on the countdown to the implementation of the new lease accounting standard for private companies. According to reports from the Securities and Exchange Commission and the U.S.