Discount Rate Implicit in the Lease under ASC 842

Discount Rate Implicit in the Lease under ASC 842

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...
How to Account for Partial Lease Terminations

How to Account for Partial Lease Terminations

Is it a termination? How to account for a termination Reassessing classification Remeasuring the lease liability Remeasuring the right-of-use asset Partial termination accounting with example Approach 1: Proportionate change in the lease liability Approach 2:...