PwC's accounting podcast
Lessee right-of-use assets: 5 things you need to know
Apr 2, 2019 · 22 min
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In this episode Andreas Ohl, a partner in PwC's National office, joins Heather Horn to discuss "day 2" lease accounting considerations. After spending so much effort just to adopt the new standard, some companies may not have begun to evaluate what comes next. Andreas introduces a concept some companies may not have on their radar: how do you assess the new lease right-of-use asset for impairment.

Tune in to learn five things companies should know about the subsequent accounting by lessees for right-of-use assets, including:

  • 0:40 - An overview of the accounting guidance for the impairment of right-of-use assets
  • 1:25 - Unit of account considerations and the implications this determination has on the lessee's accounting
  • 2:25 - A discussion of how to group assets to be tested for impairment, including the related available policy election.
  • 8:30 - Impairment of right-of-use assets, including a discussion of triggering events and an overview of the two step impairment test
  • 11:17 - Common questions and answers relating to impairment testing of right-of-use assets

For more information, read our In depth, FAQ: Lessee accounting for right-of-use assets in operating leases.





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