Pwc's Cfodirect Podcast

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.We kick off our latest accounting miniseries on lease accounting with an episode on the related presentation and disclosure requirements. We break down key considerations across the balance sheet, income statement, and statement of cash flows, including what interim and annual disclosures are required as well as the treatment of lease incentives, sublease income, and more.In this episode, we discuss:2:12 – Current versus noncurrent lease liabilities5:37 – Presentation of lease incentives11:40 – Income statement presentation of lease expense16:29 – Classification of lease payments in the statement of cash flows26:25 – Annual and interim lease disclosure requirementsFor more information, check out our Leases guide and the leasing chapter of the Financial statement presentation guide.Be sure to follow this podcast on your favorite podcast app and subscribe to our weekly newsletter to stay in the loop. About our guestsMarc J