FAQ: Lessee accounting for right-of-use assets in operating leases (Updated June 14, 2019)

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In depth , PwC US Jun 14, 2019

Read our updated FAQ on the subsequent measurement of right-of-use assets in operating leases.

Wondering how to assess whether right-of-use assets in operating leases are impaired?

Under the new leases standard, lessees will need to recognize virtually all of their leases on the balance sheet by recording a right-of-use asset and a lease liability. We’ve recently updated our In depth to add even more responses to frequently asked questions on the subsequent measurement of right-of-use assets in operating leases. Topics include: impairment testing, abandonment, subleases, lease components, and the treatment of right-of-use assets in acquisitions.

Download the publication

Also listen to our podcast on 5 things you need to know about lessee right-of-use assets.

For a deeper discussion on right-of-use assets in operating leases, please contact:

Beth Paul

Partner, National Professional Services Group, PwC US

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Andreas Ohl

Partner, National Professional Services Group, PwC US

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Adam Smith

Managing Director, Deals, PwC US

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Jonathan Rhine

Director, Accounting Advisory, PwC US

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Chenelle Manley

Senior Manager, National Professional Services Group, PwC US

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Logan Redlin

Director, National Professional Services Group, PwC US

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David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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