The coronavirus pandemic is upending the ability to collect and pay rents or other lease obligations, as well as hampering ASC 842 and IFRS 16 compliance.

Critical lease accounting issues that will be affected by COVID-19 include:

• Rent Concessions
• Discount Rates
• Fair Values
• Impairment
• Partial Terminations
• Reassessments
• Full Terminations or Abandonment

This webinar discusses how companies will need to make adjustments resulting from the economic impact of the virus and how to avoid tedious workarounds for lease accounting compliance requirements.