Lease Agreement Accounting Treatment
j$k1785292j$kWe should go through some steps one after the other to take into account the lease agreement. Although the new standard retains the existing model of the two types of leases, "operating" and "financing," the burden on the taker for detection and measurement is increased. According to the former management, operating leases were not included in the balance sheet; As a result, many companies have not assessed leases included in service or other short-term leases that were known to be operating leases. For example, in an 18-month agreement, a company...