The mid-term election sparked changes for the construction industry, primarily in terms of funding public projects, according to a blog from the National Association of Credit Managers.
According to the blog, several states voted to fund projects such as improved water systems and transportation construction.
The blog noted the largest changes occurred in Florida, New Jersey, California, Missouri and Colorado.
Various common types of transactions in our industry result in equipment leasing and finance companies acquiring interests in transactions that are outside the primary states in which they are located. Some examples include the very active market pursuant to which... read more
Although ASC 842 and IFRS 16 were released several years ago, many lessees will only first notice how the changes affect financial reporting in the first reporting period for 2019. Many lessees will not be subject to the new standards... read more