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.
Leasehold improvements are likely recorded outside of Cradle
Written by Samson Wai
Updated over 7 months ago