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