They don't take effect until 2019, but few leases will be grandfathered, so there will be an immediate bottom-line impact.
Financiers are chomping at the bit to fund capital equipment purchases, but borrowers and lessees are not cooperating.
A new approach to change lessee cost patterns is gaining momentum with FASB and IASB members.
Operating leases can cut capital commitments, boost strategic flexibility, and help a company manage capacity utilization during an economic downturn.
