Other Key Process Decisions
Multiple bases of accounting:
▪ Scenario:
− Tango was the pre-transaction system of record
− Acquiree required to maintain lease accounting under both
ASC 842 and IFRS 16
− Pushdown accounting not applied to IFRS 16 reporting
▪ Tango can support multiple independent accounting schedules
under separate bases of accounting
▪ IFRS 16 accounting schedule maintained independent of fresh
start accounting and valuation adjustments
RSM | 23
