Consider accounting firm guidance what additional interpretation examples can you find that address this issue Using the Conceptual Framework, evaluate whether this percentage rental change meets the definition of a liability Finally, locate the Accounting State Update (ASU) that gave rise to this requirement in ASC 842, and go to its Basis for Conclusions Describe how the FASB considered this issue of whether rental fees such as this should be included in the lease liability recognized by companies Describe some of the history of this issue did the Board always hold this view that this type of rental change should should not be included in companies' lease obligations

Question: Consider accounting firm guidance-what additional interpretation / examples can you find that address this issue? Using the Conceptual Framework, evaluate whether this percentage rental change

Consider accounting firm guidance-what additional interpretation / examples can you find that address this issue?
Using the Conceptual Framework, evaluate whether this percentage rental change meets the definition of a liability ?
Finally, locate the Accounting State Update (ASU) that gave rise to this requirement in ASC 842, and go to its Basis for Conclusions. Describe how the FASB considered this issue of whether rental fees such as this should be included in the lease liability recognized by companies. Describe some of the history of this issue-did the Board always hold this view that this type of rental change should/should not be included in companies' lease obligations?

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