How to Calculate the Implicit Interest Rate for GASB 87

How to Calculate the Implicit Interest Rate for GASB 87

1. What is the implicit rate under GASB 87? Implicit Rate: Understanding GASB 87 vs ASC 842 Example of Calculating the Rate Implicit in the Lease Validating the Rate Implicit in the Lease 2. Summary 3. Related articles Under GASB Statement No. 87 Leases, the majority...
Excel Accounting Functions, Practices, Tips, and Tricks

Excel Accounting Functions, Practices, Tips, and Tricks

1. Excel accounting formulas and functions Common functions for accountants 2. Excel accounting practices Our favorite Excel shortcuts Understand the Excel accounting number format 3. Free Excel accounting templates 4. Excel and accounting software 5. Bringing it...
POP QUIZ! With the ASC 842 deadline on the horizon, are you prepared? Test your expertise with these 15 multiple-choice questions.
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