1. Asset classes
How will you define the asset classes for which you elect the expedient? Keep in mind that the asset class categorization must be kept constant across all accounting standards.
How will you define the asset classes for which you elect the expedient? Keep in mind that the asset class categorization must be kept constant across all accounting standards.
If you choose not to separate components, how much greater will the right-of-use asset and lease liability be with the addition of non-lease components?
If you choose to separate, how will you track critical variables for valuing the components, like standalone observable prices?