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Operating Lease

Operating Lease

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Published by hamarshi2010

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Published by: hamarshi2010 on Dec 23, 2009
Copyright:Attribution Non-commercial

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09/15/2010

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Operating lease
 
 
Operating lease
A lease is classified as an operating lease if itdoes not transfer substantially all the risksand rewards incidental to ownership.It is usually used to get equipment on a short-term basis.
 
 
Since firms prefer to keep leases off thebooks, and sometimes prefer to defer expenses, there is a strong incentive onthe part of firms to report all leases asoperating leases.This type of lease is beneficial for businesses who want to keep their leasesout of their financial statement.

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/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->