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Understanding ASC 842 & How to Handle Future Lease Obligations

Construction Business Owner

Understanding ASC 842 & How to Handle Future Lease Obligations ccapoccia Tue, 02/28/2023 - 08:52 With the start of 2023, the long-awaited new lease accounting standard implementation date has arrived for private companies. All private companies with annual reporting periods beginning after Dec.

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Construction Equipment: Rent, Buy, Or Lease?

The Constructor

But with so many options available, it can be not easy to know which route to take when […] The post Construction Equipment: Rent, Buy, Or Lease? Whether building your own home or a commercial building, you’ll need the right construction equipment to ensure the job is done correctly and efficiently.

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What to Consider When Leasing Heavy Equipment

Construction Business Owner

What to Consider When Leasing Heavy Equipment. While the 2020 year-end has passed, leasing is still a viable option to consider. Elizabeth Manning. Fri, 02/12/2021 - 07:32. Purchasing new equipment can be a big investment, no matter the business size. Fortunately, there are options to consider when you’re in need of a new machine.

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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

The Impact of ASC 842 – The New Lease Standard Is Here. It is time for contractors to get serious about the new accounting lease standard. 02 ASC 842 Leases, the new lease accounting standard issued by the Financial Accounting Standards Board (FASB). All my leases are related party.”. Greg Ragsdale.

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Construction Equipment – Buy, Rent or Lease?

The Constructor

When mobilizing your construction equipment for a project site, the enigma whether to buy, rent or lease must be tackled in a very sane and judicious.

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New Leasing Index Down in November

Construction Equipment

Overall new leasing business was down 21 percent in November to $7.3 The numbers are part of the Equipment Leasing and Finance Association’s (ELFA)… billion, after posting $9.3 billion in October. Business was down 7 percent compared to November 2019, and cumulative volume is off 6 percent to 2109.

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Maryland Expanding Green Building Thru Government Leases

Green Building Law Update

The Maryland Green Building Council recommended a broad and deep expansion of green building leasing by state government and the Maryland Department of General Services has agreed to enlarge what is a “high performance building” for the purposes of state government leasing. LEED Operations and Maintenance Silver) the Leased Space (e.g.

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