Leases Accounting Guide - PWC - 2016
Published September 22, 2016
PwC is pleased to offer the first edition of our Leases guide. In February 2016, the FASB
issued its standard on leases, ASC 842, which will replace today’s leases guidance in 2019.
The chapters in this guide discuss both lessee and lessor accounting by topic. For
example, LG 3 discusses lease classification for both lessees and lessors. The first four
chapters provide an introduction and guidance on determining whether an
arrangement is (or contains) a lease and how to classify and account for lease and
nonlease components. This guide also discusses the modification, remeasurement,
and termination of a lease, sale and leaseback transactions, leveraged lease
transactions, as well as other topics. Finally, this guide contains chapters on the
presentation and disclosure requirements, as well as the effective date and transition.
Leases Accounting Guide - PWC - 2016 (2.17 MB / pdf)