You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

How companies are handling lease modifications considered seperate contracts



When a lease modification meets the requirements to have the "accounting treated as new contract" but it is not a separate contract from a legal perspective as it's not a standalone seperate contract but an amendment to the existing contract, how are you handling the accounting but still administering the lease as one contract.

Content (required):

I.e, how are you measuring the financial term of the additional space at the current discount rate effective in the system as required, without remeasuring exisitng rou asset and lease liablity financial terms if they were measured using a different rate.

Version (include the version you are using, if applicable):

Howdy, Stranger!

Log In

To view full details, sign in.


Don't have an account? Click here to get started!