Rochester Institute of Technology adopted the Financial Accounting Standards Board (FASB) new accounting guidance on leases FASB Accounting Standards Codification Section 842 ("ASC 842") on July 1, ...

In December, new accounting standards for reporting leases are scheduled to go into effect. The intention: To more accurately portray leases’ implications for a company’s financial health. Under the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

FASB issued a standard Monday that is designed to improve the board’s lease accounting rules related to a lessor’s accounting for certain leases with variable lease payments. Under Topic 842, Leases, ...

Delivers Quarterly Pre-Tax Income of $43.2 Million and Quarterly Revenue of $183.4 Million Declares Fourth Quarter 2025 Dividend of $0.40 Per Share COCONUT CREEK, Fla., Nov. 04, 2025 (GLOBE NEWSWIRE) ...

With the first year of the new lease accounting standards implementation complete, organizations find themselves at a critical juncture — the commencement of "day two" accounting. While the initial ...

Operating leases have long been a common mechanism for companies to access and use assets without owning them outright. Historically, many of these leases were kept off the balance sheet, limiting ...

FASB Accounting Standards Codification (ASC) Topic 842, Leases, issued in February 2016, marked a significant overhaul in the financial reporting of long-term leases. Its adoption created many ...

This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. Reported earnings don’t tell the whole story of a company’s profits. They are based on ...

Willis Lease Finance Corporation closed three JOLCO transactions totaling $64.8 million, enhancing its financing options and partnerships. Willis Lease Finance Corporation (WLFC) announced the ...

Willis Lease Finance Corporation reported record revenues of $569.2 million and a pre-tax income of $152.6 million for 2024. Willis Lease Finance Corporation (WLFC) announced record total revenues of ...

Record quarterly total revenue of $195.5 million, an increase of 29.4% Record quarterly pre-tax income of $74.3 million Lease rent revenue of $72.3 million, an increase of 29.4% Strong maintenance ...