| name | lease-accounting-calculator |
| description | ASC 842/IFRS 16 lease accounting skill for right-of-use asset and liability calculations |
| allowed-tools | ["Read","Write","Glob","Grep","Bash"] |
| metadata | {"specialization":"finance-accounting","domain":"business","category":"accounting-compliance","priority":"medium"} |
| graph | {"domains":["domain:finance"],"specializations":["specialization:corporate-finance"],"skillAreas":["skill-area:financial-modeling","skill-area:budgeting-forecasting","skill-area:investment-analysis","skill-area:valuation-analysis"],"workflows":["workflow:financial-planning","workflow:budget-planning"],"roles":["role:financial-analyst"]} |
Lease Accounting Calculator
Overview
The Lease Accounting Calculator skill implements ASC 842 and IFRS 16 lease accounting requirements. It calculates right-of-use assets and lease liabilities, handles lease modifications, and supports lease classification determination.
Capabilities
Lease Classification Determination
- Finance vs. operating lease criteria (ASC 842)
- Ownership transfer assessment
- Purchase option evaluation
- Lease term vs. economic life
- Present value vs. fair value test
- Specialized nature consideration