Finance leases vs. operating leases in 2021 - What's the difference?
Operating leases and finance leases are two of the most common types of contracts that companies use today. Understanding the differences between them is critical to commercial success, and anyone running a company should carefully weigh their options when considering contract agreements.
There are several different ways to distinguish between operating leases and finance leases, and this video will not only define each lease type but outline the key differentiators between the two.
You can learn more about how #ASC842 and #IFRS16 can affect your leasing: binarystream.com/blog/
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