- A big change in lease accounting rules effective Jan. 1 requires companies to record operating leases on their balance sheets.
- Operating leases include everything a company rents to run its business, from office space, equipment, factories to planes and cars.
- The accounting change will result in an increase in company leverage, a key measure when evaluating a company's risk.
Source https://www.cnbc.com/2019/02/15/a-big-change-in-accounting-puts-3-trillion-on-corporate-books.html
Submitted February 19, 2019 at 08:29AM by markyu007 http://bit.ly/2U0SO7O
