Operating lease accounting

Introduction Leasing allows the person who needs the asset to use it without taking ownership. Based on the nature of asset, and requirements of the lessee, lessors structure the lease as a finance or operating lease. Operating leases are typically

Introduction In the leasing industry lessors are finding a section of lessees requirements are more focussed on asset management instead of financing contracts. Lessors setup operating leases to address the needs of these customers.The global leasing market was valued at

What Is an Operating Lease?  An operating lease enables the use of the asset but not any rights of ownership to the lessee owned by the lessor. The lessee pays the lessor for the usage of the asset for a