Date Approved


Degree Type

Open Access Senior Honors Thesis

Department or School

Accounting and Finance


The purpose of this thesis is to examine the leasing industry from the lessor’s perspective and the factors that contribute to its growth. An analysis of the industry is performed to evaluate trends and practices. Aspects such as the role of the FASB & IRS as governing bodies, propensities to lease based on a lessee’s industry, size, years in operation and geographical location, and risks based on equipment type and lessee’s capital equipment requirements are discussed. To determine a lessor’s activities in relation to leasing equipment, a business process of leasing is developed. In relation to the business process of leasing, an Excel model of the lease vs. purchase analysis from the lessee’s point of view is conducted to evaluate their lease vs. purchase recommendation. Lastly, evaluation of a lessee’s primary reasons to lease is performed to determine their preferences.

Included in

Accounting Commons