FASB 13 Impacts Operating Leases

Upcoming changes to lease accounting rules will greatly affect U.S. companies and will have a tremendous affect on return on assets and other key financial ratios.

Treating lease obligations off the balance sheet has helped buffer real estate performance. However, changes to this may take affect as early as 2011.  Planning is critical to reduce the impact on the bottom line.

Contact HLB Gross Collins, P.C. for your financial planning needs.

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