Category Archives: Lease Liability

How to Create a Lease Liability Amortization Schedule Under New Lease Rules

Last week’s blog focused on one important thing: How to calculate the present value of lease payments using excel spreadsheets. This week, we will show you how to calculate the present value of minimum lease payments AND prepare the liability amortization … Continue reading

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Summary of the Lease Accounting Rules

The following is a summary of the proposed new lease accounting rules. About LeaseQuery LeaseQuery is Lease Accounting Software that helps companies manage their lease portfolio in the cloud. Simply put, it is the easiest, simplest, lease accounting software in … Continue reading

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FASB and IASB Lease Accounting “Divergence.”

FASB/IASB lease accounting “Divergence.”  Far from converging, the FASB and IASB have decided to take different routes concerning lease accounting. While both boards decided to capitalize all leases on the balance sheet, the FASB decided to allow companies to use … Continue reading

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New Lease Accounting Considerations – Type A and Type B Leases

In their continuing deliberations, the accounting boards are now considering three different approaches to lease accounting. The first approach would basically retain the Type A–Type B model as proposed in the Exposure Draft – Type A for leases of personal … Continue reading

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2013 Lease Exposure Draft: Type A Leases

In this post I will explain Type A leases in detail from the lessee perspective. We will discuss how to calculate the initial and subsequent values of the lease liability and the initial and subsequent values of the Right of … Continue reading

Posted in Approach 1, Lease Liability, New Lease Accounting Rules, Present Value of Minimum Lease Payments, ROU Asset, Type A Lease | Tagged | Leave a comment