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...
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...
See the landlord’s perspective Know the full value of your lease Use data to identify which leases to negotiate Approach with a solution in mind Collaborate across departments Understand the accounting implications of rent deferments COVID-19 relief guidance Strong...
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:...
Present value of lease payments explained PV (Present Value) vs. NPV (Net Present Value) Minimum lease payments and future lease payments How to calculate lease payments using Excel in 5 steps Present value calculator Summary Related articles Present value of lease...
