Accounting for leases in the United States
Accounting for leases in the United States is regulated by the Financial Accounting Standards Board (FASB) by the Financial Accounting Standards Number 13, now known as Accounting Standards Codification Topic 840 (ASC 840). These standards were effective as of January 1, 1977.
Source: Wikipedia — Accounting for leases in the United States (CC BY-SA 4.0)