Straight-Line Rent Calculation for Leases under US GAAP

Straight-Line Rent Calculation for Leases under US GAAP

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...
Interest Rate Implicit in the Lease under IFRS 16 Explained

Interest Rate Implicit in the Lease under IFRS 16 Explained

What is the implicit interest rate under IFRS 16? Implicit rate: ASC 842 vs. IFRS 16 Example: Calculate the interest rate implicit in a lease under IFRS 16 Accounting for COVID-19 lease concessions Example Summary Recent articles What is the implicit interest rate...