THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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Accounting

15 Misperceptions that Limit Success

No matter how knowledgeable a fleet manager is, misperceptions about how to treat customers, when to take risks, and the consequences of changing or not changing operational processes can hold the fleet and its manager back.

Fitch: Lease Accounting Rule Changes Won't Hit Corporate Ratings

New accounting rules that will require companies to include virtually all leases on their balance sheets will not affect credit ratings or the approach Fitch Ratings uses in adjusting leverage metrics to take account of leases, the ratings agency has announced.

New Guidance on Lease Accounting Released

Companies who lease vehicles will now be required to include the leases on their balance sheets but won't have the leases counted as debt under new lease accounting rules released by the Financial Accounting Standards Board (FASB) on Feb. 25.

Future-Proofing Your Fleet

Fleet management is a complex job; it requires a little forward thinking, a little anticipation, and maybe a crystal ball to help you see the future.

New Accounting Rules Require All Leases on Balance Sheets

The Financial Accounting Standards Board (FASB) has voted to move forward with a new standard that would require companies and organizations to include lease obligations on their balance sheets, a move that's being greeted with cautious optimism by fleet management companies.

How Will Accounting Rules Impact Off-Balance

The FASB and IASB have put a new leasing project on their agendas. The outcome will be the creation of one leasing standard applied worldwide. Is this the beginning of the end of off-balance sheet accounting for fleet leases?