Lessee leases acquired in
business combinations
Accounting policies
▪ Acquired leases must be accounted for using acquirer's
accounting policies
− Lease liablities are remeasured based on the acquirer's
discount rate policy as of the acquisition date
− Lease payments are determined using acquirer's policies
regarding separation of lease and non-lease components
− Classification does not change even if revised policies
would result in a different classification
RSM | 10
