On April 14, 2021, the FASB tentatively decided to issue a final ASU requiring lessors to classify leases with variable payments as operating leases if another classification would result in a commencement date selling loss.
ASC 842, Leases
At the April 14, 2021 meeting, the FASB decided that lessors will classify a lease as an operating lease if (1) the payments for the lease are entirely or partially variable and (2) a commencement date selling loss would result from classifying the lease as a sales-type or direct financing lease.
February 10, 2021 meeting decisions:
October 20, 2020 proposed targeted amendments to ASC 842:
February 10, 2021 meeting decisions:
October 20, 2020 proposed targeted amendments to ASC 842:
February 10, 2021 meeting decisions:
October 20, 2020 proposed targeted amendments to ASC 842:
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