Accounting for Lease Modifications and Impairments under ASC 842
The way you address lease modifications depends on a few different factors. You may treat the modification as two separate leases, or you may have to remeasure and reclassify the lease. Get a detailed breakdown of the Boards’ guidance on these issues with this 90-minute webinar. It also includes an extensive Q&A segment with LeaseQuery CEO George Azih.