Currently, leases are classified as operating or capital (financing) leases. Operating leases are treat as a "true lease" meaning that you have temporary use of the asset but not a substantial array of the rights of ownership. Capital leases convey most of the rights and privileges of ownership and so are accounted for as purchases with financing rather than true leases. That is, the "rents" are treated as principle plus interest payments on a loan used to purchase the leased asset. The asset purchase price must often be computed ...
Your tutorial is 327 words plus a reference and discusses operating versus capital / financing leases and off balance sheet treatment.
Financial Management in the Healthcare Industry
1-Which financial management practices are most effective in creating and monitoring an operating budget?
This should include: variance reporting, benchmarking, environmental scanning, model development, forecasting, types of budgets, types of monitoring methods, frequency of monitoring, self-audit
2-Which financial management practices are least effective in creating and monitoring an operating budget?
This should include: top down/bottom up budgets, lack of control, poor inventorying, lack of staff investment, over control.
Cite a minimum of five current (References should not be older than 2007 unless you are providing a historical overview of the subject) peer reviewed sources.View Full Posting Details