by Rachel Reed | Oct 4, 2020
1. What is a tenant improvement allowance? 2. How to account for tenant improvement allowances under ASC 840 Accounting for TIAs under ASC 840 example 3. Accounting for tenant improvement allowances when a lease renews Accounting for TIAs in renewals under ASC 840...
by Rachel Reed | Aug 27, 2020
1. What is the implicit interest rate under IFRS 16? Implicit rate: ASC 842 vs. IFRS 16 2. Example: Calculate the interest rate implicit in a lease under IFRS 16 3. Accounting for COVID-19 lease concessions example 4. Summary 5. Related articles What is the implicit...
by Rachel Reed | Aug 20, 2020
1. Background 2. Changes to lease payments under COVID-19 3. IASB response 4. Accounting for COVID-19 lease concessions example 5. Accounting for lease concessions within the modification framework 6. Summary 7. Related articles Background The coronavirus pandemic...
by Rachel Reed | May 15, 2020
1. COVID-19 Background 2. Changes to lease payments under COVID-19 3. Accounting for COVID-19 lease concessions Deferral of payments Payment reductions Summary 4. Accounting for lease concessions within the modification framework 5. Related articles COVID-19...
by Rachel Reed | Nov 18, 2019
1. What is lease liability? 2. How to create the lease amortization schedule and calculate your lease liability Create five-column spreadsheet Enter number periods and cash payments Enter expense formula Fill expense column Enter liability reduction formula Enter...
