The role of residual value in lease agreements – What you need to know
The purchase option plays a central role in many lease agreements, impacting both monthly costs and accounting. But how does a purchase option work...
Local GAAP
Maximize financial reporting efficiency with lease management tips
Companies that report according to K3 have an increased risk of incorrect reporting if they wait until the last minute to review their leasing...
Avoid mistakes in lease accounting
Most companies reporting under Local GAAP wait until the end of the year to review their leasing agreements. However, the risk of inaccurate...
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