Accounting standard setters agreed Wednesday on a lessee accounting approach, setting the stage for a lease accounting exposure draft in the fourth quarter this year. FASB and the International ...

Most companies use leases of some form, particularly property and retail space, as they can be a useful financing arrangement providing business with access to use of assets without the initial ...

Operating leases have long been a common mechanism for companies to access and use assets without owning them outright. Historically, many of these leases were kept off the balance sheet, limiting ...