COR2008. Right-of-use (ROU) Asset Impairment Hot Topics - Accounting and Fair Value Considerations

This session will provide:

-An overview of the ROU asset impairment model.

-A deep dive into the complexities of evaluating ROU assets for impairment.

-A framework for determining whether and when ROU assets are abandoned for accounting purposes.

-A discussion of valuation challenges in the current, low-transaction environment.

-A discussion of actions that lessees are taking in the current environment to rationalize its lease portfolio (e.g., lease restructuring and termination, subleasing)

Learning Objectives:

• Understand the ROU asset impairment model
• Understand what constitutes abandonment of an ROU asset
• Understand key fair value tenants and when to involve a specialist