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Quick Guide: Understanding Leasehold Improvements and Lease Payments
Quick Guide: Understanding Leasehold Improvements and Lease Payments

Leasehold improvements are likely recorded outside of Cradle

Samson Wai avatar
Written by Samson Wai
Updated over a week ago
  • If the leasehold improvement doesn't meet the definition of a lease payment, it should be recorded outside of Cradle.

  • For the definition of lease payment, please refer to this article for ASC 842, or refer to this article for IFRS 16.

  • For a detailed explanation of the accounting treatment of Leasehold Improvement, please refer to this article.

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