Lease Accounting Standard: Expense Lease

The following matrix provides an overview of the features in Property Lease Management and whether they satisfy the requirements for the lease accounting standard ACS 842 and IFRS 16 for expense leases.

Currently for revenue leases, these features do not satisfy the requirements for the lease accounting standard ACS 842 and IFRS 16.

	ASC 842	IFRS 16
: This feature satisfies the lease accounting requirements. : This feature currently does not satisfy the lease accounting requirements.
Lease and non-lease components
Short-term lease election		Not applicable
Low value threshold	Not applicable
Initial measurement - lease liability
Initial measurement - ROU asset
Initial measurement -existing lease balances adjustments
Operating leases		Not applicable
Finance leases
Initial direct cost
Initial lease incentives
Subsequent direct cost
Subsequent lease incentives
Variable lease charges
Sales-based rent
CPI price increase
ROU asset accumulative amortization
Residual value
Lease modifications
Lease termination
Disclosure reporting