ASC 842 Disclosure Report Example

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This workbook is an example of the required quantitative disclosure calculations needed for your lease portfolio, with examples of Operating and Financing leases for reference.

Document titled 'ASC 842 Disclosure Report Example' providing a detailed guide on lease reporting requirements. The background section states that under ASC 842, lessees must disclose both quantitative and qualitative information about their leases. This document serves as an example of the required quantitative disclosure calculations for lease portfolios, with sections explaining how to navigate the workbook. It includes instructions for supplemental balance sheet information, an undiscounted lease maturity waterfall, supplemental cash flow information, components of lease costs & impairments, short-term lease census, and weighted average calculations. Each section has a brief description of the report it provides, all aimed at supporting financial disclosures and compliance with the new lease accounting standards.

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