Significant changes have been proposed in the way businesses accounting for the assets and liabilities under leases. The proposals will require a good deal of work and will put many assets under lease onto the lessee’s books.
The exact changes are still being worked through by both the US Financial Accounting Standards Board and the International Accounting Standards Board but both bodies agree that most leases contain a financing component that is not adequately reflected in the lessee’s financial statements.… Read more >
Last week we began a discussion on an article by Dan Skelly, an Equity Strategist at Morgan Stanley, addressing whether businesses plan to return excess cash to shareholders or to invest cash in the business.
I raised two questions: Do you have the access to capital to invest in growth? … Read more >
I recently read an article by Dan Skelly, an Equity Strategist at Morgan Stanley, addressing whether businesses plan to return excess cash to shareholders or to invest cash in the business.
Skelly stated “With a stronger economy, management teams may have more confidence to spend on acquisitions, capacity or new projects. … Read more >
A November 2013 Wells Fargo/Gallup Investor and Retirement Optimism Index survey  highlighted that the average age U.S. retirees say they retired grew from 57 to 61 in the last 20 years. In fact, 49% of boomers indicated that they do not expect to retire until they are 66 or older. … Read more >