Lease Accounting Close Deck
Recall the lease close checks for population, payment selection, rate support, and change monitoring.
Completeness What is the first lease close question? Look outside the register. Did all new lease-like contracts and recurring payments make it into the population review? A register tie proves math inside the list; it does not prove the list is complete. Measurement Register tie-out versus measurement review Use both. They answer different risks. Objection Treasury already approved the rate, so Finance does not need support. Discount-rate evidence is missing from the lease file. Your line Great - I still need the term, currency, and credit basis attached so the rate is audit-ready for this lease. Accepting an owner-approved number…
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