Lease Accounting in Energy: How to Handle Right-of-Use Assets

energy industry accounting

Lease agreements are central to how energy companies operate—whether it’s land for drilling, pipelines, equipment, or office space. But with new accounting standards in full effect, the way these leases are reported has changed dramatically. For players in the energy sector, properly accounting for Right-of-Use (ROU) assets is no longer optional—it’s foundational to regulatory compliance … Read more