Category Archives: SFAS 13 Testing

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

Posted in Lease Accounting, Lease Liability, New Lease Accounting Rules, SFAS 13 Testing, Type A Lease, Type B Lease | Tagged , , , , , , , , , | Leave a comment

FASB Votes to release new Lease Accounting Exposure Draft

In a 4 to 3 vote, the FASB voted yesterday (April 10, 2013) to move ahead and re-release the Lease Accounting Exposure draft which will be converged with that of the International Accounting Standards Board (IASB). The divided FASB vote … Continue reading

Posted in Lease Accounting, New Lease Accounting Rules, SFAS 13 Testing | Tagged | 1 Comment

How to use Excel to Calculate the Present Value of Minimum Lease Payments when the payment amount does not change.

Reader Request: This post explains how to use excel to calculate the present value of minimum lease payments when each payment is equal.  To learn how to calculate the present value of lease payments when payments change each period, click … Continue reading

Posted in Minimum Lease Payments Using Excel, Present Value of Minimum Lease Payments, SFAS 13 Testing | 15 Comments