Part Four starts off with a little summary on the impairment changes, goes through the lessor accounting model and ends with a brief outline on insurance contracts. During their discussions, FASB and IASB came up with a “three bucket” expected loss approach for impairment of financial assets. They are as follows: Bucket 1 holds assets..

In a typical lease negotiation, the parties, the attorneys and the brokers focus only on the key financial aspects within the lease document.  However, there are subtle and seemingly innocuous clauses that can cost the tenant a pretty penny long after the lease has been signed.  Here’s a quick list of 5 Dangerous Lease Clauses:..

A little less than two weeks to go and Congress has yet to agree on a plan that will save the United States from defaulting on their outstanding loans. The borrowing limit was surpassed nearly three months ago and yet no notable, let alone aggressive, progress has been made to shrink the country’s outstanding deficit..

You’ve made it this far, so I’m not going to bore you with any more quips about FASB or their new regulations—it’s already boring enough. Onto business, then. Lessees will use the incremental borrowing rates at the lease commencement to calculate the amount capitalized. Leases with interim funding will have deferred and amortized earnings on..

In a typical lease negotiation, the parties, the attorneys and the brokers focus only on the key financial aspects within the lease document.  However, there are subtle and seemingly innocuous clauses that can cost the tenant a pretty penny long after the lease has been signed.  Here’s a quick list of 5 Dangerous Lease Clauses:..