Interest Rate Implicit in the Lease under IFRS 16 Explained

Interest Rate Implicit in the Lease under IFRS 16 Explained

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...