Ralph Petta
Articles by Ralph Petta
The Silver Lining of Lease Accounting: What to Know About the New Standard
Leasing and finance are the most common payment method used by businesses to acquire equipment and software. Here are some newly enacted benefits that shops will realize through new changes in accounting and tax laws.
Benefits of Financing Remain with Lease Accounting Changes
The new lease accounting standard by the Financial Accounting Standards Board will not impact shops wanting to acquire advanced manufacturing equipment to grow their business. Here are some of the changes on operating leases for capital equipment that your shop should be aware of and prepare for.
Industry News
More fabricators are using larger-diameter grinding wheels and flap discs for their grinding, material removal, and blending applications instead of 4.5-inch options — and with good reason.
More fabricators are using larger-diameter grinding wheels and flap discs for their...
