CPAnet Forum: Leases - Sales Type v. Direct Financing

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Topic: Leases - Sales Type v. Direct Financing (

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chantel916
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Joined: 02 Aug 2009
Location: United States
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Posts: 88

Posted: 01 Feb 2011 at 00:34 \| IP Logged

Can someone explain to me the difference between these two?

Thank you.

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RaiderCPA
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Joined: 07 Jul 2008
Location: United States
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Posted: 01 Feb 2011 at 17:45 \| IP Logged

As I started typing my answer I started to realize how you became confused.

I would think that the diff in direct finance has to do with you having a financial institution buy the asset and lease it to you as opposed to say buying a car and having them finance the asset through another party.

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