Operating leases defined New treatment and changes Identification Is lease capitalization required for all? New example under ASC 842 Lease agreement details Determine the lease term under ASC 840 Determine the total lease payments Prepare the straight line...
Straight-line rent calculations for leases: ASC 842 Straight-line rent calculation example Steps to calculate straight-line expense annual rent escalation Summary Recent articles Straight-line recognition is one of the most commonly used accounting methods whereby the...
What is the equity method of accounting? When do you apply the equity method? How do you determine if the equity method is applicable? Accounting for an equity method investment Required disclosures An example of accounting for an investment using the equity method...
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...
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...
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...
