Content about Dwayne Shackelford

April 13, 2011

By Dwayne Shackelford, principal, Huntley, Mullaney, Spargo & Sullivan, Inc.

By Dwayne Shackelford, dshackelford@hmsinc.net

Proposed new lease accounting rule changes will have a significant impact on many retail and restaurant companies. The good news is that rent will no longer appear on the income statement; the bad news is that it will be replaced by amortization and interest charges, which will generally be larger in the first years of a lease and lower in the latter years.