The Financial Times is reporting that the global push by accounting rule makers to force companies to recognize their true exposure to leasing obligations on their balance sheets is facing increasing resistance from Europe.
The Times said that national accounting standard-setters in the UK and Germany have raised concerns, saying they “remain to be convinced that the current proposals would provide benefits which outweigh their cost and complexity” in spite of supporting the overall aims of the project.
It happens all the time. You finance a customer’s acquisition of equipment and the customer subleases the equipment. While there is nothing inherently wrong with such arrangements, several potential issues arise which, if not carefully addressed, could expose a finance... read more
Throughout the past five years, several organizations have published multiple studies attempting to quantify the impact of various levels of corporate diversity on increased shareholder value, customer satisfaction and employee engagement, otherwise known as the “Big Three.” “Why Diversity Matters,”... read more