Lease Schedule Recompute — ASC 842 / IFRS 16

Recomputes the present value of a declared lease payment schedule and the full effective-interest amortization -- liability and right-of-use asset -- under ASC 842 and IFRS 16 side by side, from a caller-declared discount rate and payment schedule. Runs the ASC 842 five-criterion finance-vs-operating classification test: ownership transfer, a purchase option reasonably certain of exercise, and specialized-asset status are always caller-declared; the major-part-of-economic-life and substantially-all-of-fair-value criteria are computed against the common 75%/90% bright lines only when the caller elects them, and otherwise are caller-declared judgment inputs -- an election is always labeled as such, never silently defaulted. IFRS 16 applies a single on-balance-sheet lessee model with no operating/finance distinction. Optionally diffs the ASC 842 or IFRS 16 closing liability at each payment date against a counterparty-supplied preparer schedule within a declared tolerance, returning MATCHES, DIVERGES, or INDETERMINATE when no preparer schedule is supplied or preparer dates do not appear in the computed schedule. The discount rate is always a declared input, never inferred or derived. Performs arithmetic only over caller-declared terms; does not source a discount rate, does not determine what qualifies as a specialized asset, and reproduces no FASB or IASB standard text -- citations are to paragraph numbers only. Clause: ASC 842 (FASB ASC Topic 842), classification criteria at ASC 842-10-25-2 through 25-3; IFRS 16, effective 2019-01-01.

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