For the Final Paper – See and read the Lease Section(s) in the 2020 Annual Report of WALGREENS..
• Review the ASU Lease Guidelines (copy the link into your web browser: https://www.fasb.org/leases
• MD&A WALGREENS – Impact on Their Implementation of the Lease Accounting Standard to the Financial Statements.
• Review Note 4 and Other Information containing various discussions pertaining to Leases in the 2020 Annual Report of WALGREENS.
• This week’s topic serves as the Final Project Paper for the course and is weighted higher than other weekly submissions.
• Using the case and related readings prepare a position paper on the issue of corporate leasing. Be sure to provide clear examples and data.
• Your paper should include a history of the Accounting for Leases and in particular the Accounting for Leases specific to Operating Leases, and the prior as well as the current financial statement reporting requirements.
See note 4, leases, to the Consolidated Financial Statements in part II, item 8 of this Form 10-K and
Other Information containing various discussions pertaining to Leases in the 2020 Annual Report of WALGREENS.
