ASC 842: Determining the lease term

We continue the CPEA lease standard implementation series as we focus on the major areas of change as a result of the new lease standard (FASB Accounting Standards Codification (FASB ASC) 842, Leases). In this report, we focus on the definition and determination of the lease term, which is a crucial aspect of the new standard affecting the classification of a lease, the determination of lease payments, the measurement