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The lessee initially measures its right-of-use asset (ROU asset) at cost. Conceptually, the cost of an ROU asset is answer not provided the present value
The lessee initially measures its right-of-use asset (ROU asset) at cost. Conceptually, the cost of an ROU asset is answer not provided the present value of payments necessary only to "acquire" the ROU asset. the present value of payments necessary to "acquire" the ROU asset and to "dispose" of it at the end of the lease. the actual amount of cash or consideration paid at the inception of the lease, whereas the remainder of the payments will be expensed as they are made over the lease term
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