1. Operating leases defined 2. New treatment and changes 3. Identification 4. Is lease capitalization required for all? 5. New example under ASC 842 Lease agreement details Determine the lease term under ASC 840 Determine the total lease payments Prepare the straight...
1. Straight-line rent calculations for leases: ASC 842 2. Straight-line rent calculation example Steps to calculate straight-line expense annual rent escalation 3. Summary Straight-line recognition is one of the most commonly used accounting methods whereby the total...
Present value of lease payments explained PV (Present Value) vs. NPV (Net Present Value) Minimum lease payments and future lease payments How to calculate lease payments using Excel in 5 steps Present value calculator Summary Related articles Present value of lease...
Lessor vs. lessee Lessor definition Lessee definition Lessee vs. lessor accounting Lessor accounting: Full example of a finance lease under GASB 87 Lessor vs. lessee In accounting, the terms “lessor” and “lessee” are used to identify the different parties involved in...
ASC 840 summary Balance sheet recognition for operating leases ASC 840 to ASC 842 transition date ASC 840 vs ASC 842 When is lease classification determined? Lease payments and executory costs Are the criteria for lease classification the same? Fair value adjustment...
