by Kiley Arnold | Jul 31, 2020
Understanding IRS Section 179 Understanding Section 179 and bonus depreciation How IRS 179 affects lease vs. buy considerations How new lease guidance affects lease vs. buy decisions Getting it right with a collaborative decision-making process Related articles...
by Amanda Payne | Jul 27, 2020
What is rent abatement? Accounting for rent abatement and rent-free periods under ASC 840 and ASC 842 example Financial statement impact of rent abatement and rent-free periods under ASC 840 Financial statement impact of rent abatement and rent-free periods under ASC...
by Kiley Arnold | Jul 16, 2020
The impact of failing to comply Why the boards updated the standards – it’s all about transparency How ASC 842 and IFRS 16 will improve financial reporting: Regulation timeline Lessee accounting: What has changed? Lease accounting under the old standards, ASC 840 and...
by David Buchanan | Jul 10, 2020
What is a lease incentive? It’s a lease incentive: How do we treat it? Leasehold improvements Leasehold improvements: Lessor asset Leasehold improvements: Lessee asset Lease incentive impact to opening lease liability and ROU asset Lease incentive example Lease...
by Abdi Ali | Jul 1, 2020
What is the implicit rate under ASC 842? How to calculate the rate implicit in a lease under ASC 842 Example of calculating the rate implicit in a lease under ASC 842 Validating the calculated implicit rate If you are unable to calculate the implicit rate Summary...
by Kiley Arnold | Jun 25, 2020
Will I need to impair my assets due to COVID-19? What is an impairment? Do you have impairment indicators? Is your asset recoverable? How do I calculate impairment? Related articles Will I need to impair my assets due to COVID-19? Depending on your...
