Leased
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Lease Amendment Accounting: Expansion of Leased Premises
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This article will discuss how to account for a lease when the tenant expands the leased premises outside of the terms of the initial lease. In this ...

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Maintenance and Repairs: What Small Businesses Need to Know About Leased Truck
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 Leasing trucks is a great option for small businesses that depend on transportation, as it provides a flexible and cost-effective solution. With access to ...

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Impairment of Leased Assets & ROU Asset for ASC 842 & IFRS 16
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What is an impairment? In accounting, an impairment loss occurs when the cash flows expected to be generated from an asset over its useful life fall below ...

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Leased a Lemon? Your Rights When Your Car Won’t Cooperate
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Leasing a vehicle can be an appealing option for drivers who want lower monthly payments and access to a newer car every few years. But what happens when ...

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Illinois New Rules Leased Equipment
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January 31, 2025Starting January 1, 2025, Illinois changed how sales tax applies to leased tangible personal property (TPP). Instead of taxing the purchase ...

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Emirates SkyCargo has leased two additional Boeing 747Fs
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Emirates SkyCargo, the air freight division of Dubai-based Emirates, is adding two additional Boeing 747-400F freighters to its fleet to meet soaring ...

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Confession: I Leased a Car (?!)
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Most personal finance experts would tell you that cars are a terrible investment. Cars are a “necessary evil,” a steep price to get from Point A to Point ...

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