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When a company leases or purchases property it can have a significant impact on the financial statements. The income statement, cash flow statement, and balance sheet are all impacted when a company leases or purchases property.

This course gives a high level explanation of those changes. It starts with an analysis of a building lease, then looks at a building purchase, and concludes with a comparison of the two transactions. 

Learning Objectives

  • Identify what key elements of the financial statement are impacted by a lease transaction.
  • Identify what key elements of the financial statements are impacted by a sale transaction.
  • Recognize the impact of a lease on key accounting ratios.
  • Recognize the differences between key elements in a lease vs. buy scenario.

4 Reviews (14 ratings)Reviews

5
Member's Profile
Very well laid out in the slide materials and the verbal walkthrough. Very clear and well thought out. Would definitely recommend it for any and all finance level professionals. It can be very complicated and this course made it easy to understand.
4
Anonymous Author
informative course aimed at non-financial professionals
5
Member's Profile
Great course! Very informative.
3
Member's Profile
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Prerequisites

Course Complexity: Intermediate

Prerequisite: Basic proficiency with accounting

 

Advanced Preparation: None

 

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
Impact on Financial Statements
  10:46Financial Statements
  7:40Measuring Return
  2:12A Word About FAS 13
  11:35Building Purchase
  5:45How Accounting Ratios Are Effected by Building Purchase
CONCLUSION
  9:38A Brief Review of Lease Vs. Buy
SUPPORTING MATERIALS
  PDFSlides: How A Property Lease and Sale Acquisition Impacts Financial Statements
  PDFHow A Property Lease and Sale Acquisition Impacts Financial Statements Glossary/Index
REVIEW & TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM