ASC 842 Disclosures

What ASC 842-20-50 requires in the footnotes. The quantitative half is a set of defined tables — lease cost by type, a maturity analysis, weighted-average term and discount rate. The qualitative half is narrative, and it is the half that most often falls short.

4 articles across 1 groups.

Start here ASC 842 Disclosure Requirements and Footnote Examples

The required disclosures with a worked footnote.

What to disclose

ASC 842 Disclosure Requirements Guide | iLeaseProWhat are the key ASC 842 disclosure requirements for lessees? How do I ensure ASC 842 compliance for lease disclosures?
Quantitative Lease Disclosures | iLeaseProWhat quantitative lease disclosures are required under ASC 842? What tables and schedules are necessary for ASC 842 quantitative disclosures?
Qualitative Lease Disclosures: ASC 842 Narrative | iLeaseProWhat are the key qualitative disclosure requirements for ASC 842? How do narrative disclosures differ from quantitative disclosures in ASC 842?
Off-Balance-Sheet Financing and Lease Liabilities: ASC 842How ASC 842 ended off-balance-sheet operating leases for private companies, which leases and payments still stay off the balance sheet, and a worked …

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