How Can Businesses Use Lease Accounting to Improve Their Bottom Line? — Commercial Brokers International - Commercial Real Estate in Los Angeles
How Can Businesses Use Lease Accounting to Improve Their Bottom Line? — Commercial Brokers International - Commercial Real Estate in Los Angeles
Abstract
Leases can involve all types of assets, including buildings, equipment, machinery, and vehicles. Leases differ from rental agreements in duration and control. Lease accounting provides proper recognition of lease revenue, expenses, profits, and losses on leased assets. The benefits of lease accounting are that it leads to more intuitive insight and, consequently, better budgeting decisions. You make better financial decisions. If you’d like to know about other CRE strategies businesses use, please do not hesitate to reach out to other CRE.com.
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