Question
Proposed accounting standards update Issue 1: Sales-Type Leases with Variable Lease Payments Lessor Only Question 1: Are the amendments in this proposed Update operable? Why
Proposed accounting standards update
Issue 1: Sales-Type Leases with Variable Lease Payments Lessor Only
Question 1: Are the amendments in this proposed Update operable? Why or why not?
Question 2: Should a lessor be required to classify and account for a sales-type lease with predominantly variable lease payments that do not depend on a reference index or a rate as an operating lease? Why or why not?
Question 3: Should predominant be the threshold for determining when a lessor should classify a lease with variable payments that do not depend on a reference index or a rate as an operating lease? Alternatively, would another threshold be more appropriate and operable (for example, substantially all)? Please provide your rationale.
Question 4: Would the proposed amendments provide improved decision-useful information for users of financial statements? Why or why not?
WHAT ARE YOUR THOUGHTS? I NEED TO WRITE A PAPER ON THESE QUESTIONS
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