Leases

On the balance sheet under IFRS 16 and ASC 842 — which give different answers for the same lease, and a group reporting both needs both.

18 steps · 10 questions · 7 screens on this shelf

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The screens on this shelf

• Leases IFRS 16 and ASC 842 give different answers for the same lease, and a group reporting both needs both. The clas
• Lease Components Three floors and eight parking spaces on one contract. The consideration is allocated across them at relative
• Lease Schedule The whole of the arithmetic: what was paid, how much was interest, how much reduced the liability, and what th
• Lease Events What changed, when, and by how much. A remeasurement is an event in its own right and the difference it makes
• Lease Runs The period’s interest, right-of-use depreciation and payments, posted.
• Lease Charges The charges that are not the rent: service charge, tax, insurance, marketing levy, parking. Each with its own
• Lease Maturity What is payable in each of the next five years and thereafter, undiscounted. A required disclosure, and the ta

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