The Actuarial Method is a technique used in both lease accounting to apportion rentals based on compound interest, and in pension accounting to determine charges to the profit and loss account.
An in-depth exploration of capital leases, including definitions, key criteria, financial implications, accounting treatment, and comparisons with operating leases.
An international financial reporting standard that addresses lease accounting, providing guidelines and requirements for the recognition, measurement, presentation, and disclosure of leases.
A comprehensive analysis of the Incremental Borrowing Rate, its historical context, applicability, importance, and key considerations.
Lease liability represents the obligation to make lease payments, measured on a discounted basis, under a lease agreement.
A detailed exploration of the net investment in a lease, including its definition, components, importance, and related accounting standards.
A comprehensive definition and exploration of Right-of-Use Asset, its components, recognition criteria under IFRS 16, practical examples, and its accounting treatment.
An in-depth look at minimum lease payments, their role in accounting for capital leases, and the financial implications for lessees and lessors.
An in-depth guide on Sales Type Lease accounting by the lessor, covering criteria, requirements, and nuances.
