Leases

A lease is a contractual arrangement calling for the lessee (user) to pay the lessor (owner) for use of an asset.

FLOWCHART TO IDENTIFY OPERATING OR FINANCE LEASE:

Flowchart

CRITERIA :

Finance Lease

Operating Lease Analysis in point of view of Lessor and Lessee:

Operating Lease

 

 

 

 

 

 

 

Published by Jonathan Ruiz, CPA

A licensed Certified Public Accountant, and an Accounting Coach and most of all, a father to his two lovely daughters.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.