
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?
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Any small business owner contemplating a TRAC lease needs to understand the mechanics of the lease and how to effectively negotiate one.
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With the extensive menu of leasing and fleet management services available, fleet management agreements can be confusing. It is important to understand what to look for and what negotiable issues are.
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