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=== Leases (balance sheet) === In February 2016, the FASB issued a new Leases standard, to improve financial reporting about leasing transactions. The new standard requires organizations to include lease obligations on their balance sheets, and affects all companies and other organizations that lease assets.<ref name="lease">{{cite web|last1=Bramwell|first1=Jason|title=The Wait is Over: FASB Issues New Guidance on Lease Accounting|url=https://www.accountingweb.com/aa/standards/the-wait-is-over-fasb-issues-new-guidance-on-lease-accounting|website=AccountingWEB|access-date=1 November 2017|language=en|date=25 February 2016}}</ref>
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