Short-Term & Low-Value Exemptions and the Maturity Analysis
This lesson is part of the course
In this lesson
You decide which of Harbor & Pine Outfitters’ eight leases stay off the balance sheet under IFRS 16 and ASC 842, and build the maturity analysis that reconciles the undiscounted payments to the lease liability.
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Lessons in this course
- Which Payments Go into the Lease Liability? Locked
- Lease Liability = Present Value of the Payments Locked
- The Right-of-Use Asset: What Goes In and What Stays Out Locked
- The Lease Liability Schedule & the Current Portion Locked
- P&L Pattern: IFRS 16 Front-Loading vs ASC 842 Straight-Line Locked
- Journal Entries at Commencement and at Year-End Locked
- Lease Modification: Remeasure at a Revised Rate Locked
- Short-Term & Low-Value Exemptions and the Maturity Analysis Locked