Finance vs. Operating Lease Test

Finance vs Operating Lease Test

Finance vs. Operating Lease Test for ASC 842

Determine whether your leases are classified as finance or operating under the new lease accounting standard, ASC 842.

Rapid Results

Determine your finance vs. operating lease classification in a few simple questions.

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New Standard & New Criteria

This test uses the five criteria for identifying a finance lease that are specified under ASC 842.

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Skills

Posted on

June 25, 2021