This video by Arif Irfanullah discusses the financial reporting aspects of leases which are a long-term liability, as a part of the CFA Level 1 syllabus.
This video discusses:
- Leases
- Advantages of Operating Leases
- Finance Lease vs. Operating Lease
- Reporting by Lessee
- Financial Statement Impact of Lease Accounting for Lessee
- Ratio Impact of Lease Accounting
Related posts:
- Lessor Accounting for Leases
- Traditional Lessee Accounting in US GAAP
- Leasing versus Purchasing Assets
- Effects of Leases on Selected Financial Reporting Items for Lessees
- Lessors and Direct Financing Capital Leases
Source: http://financetrain.com/accounting-for-leases/
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