# ASC 840-20-05: Leases — Operating Leases — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/840/20/#05-overview-and-background)

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## ASC 840-20-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/840/20/#05-overview-and-background)

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##### [840-20-05-1](https://asc.understandingaccounting.org/asc/840/20/#840-20-05-1)

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[Paragraph superseded by Accounting Standards Update No. 2016-02](https://asc.understandingaccounting.org/updates/asu-2016-02/)

##### [840-20-05-2](https://asc.understandingaccounting.org/asc/840/20/#840-20-05-2)

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[Paragraph superseded by Accounting Standards Update No. 2016-02](https://asc.understandingaccounting.org/updates/asu-2016-02/)

### Lessees

##### [840-20-05-3](https://asc.understandingaccounting.org/asc/840/20/#840-20-05-3)

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[Paragraph superseded by Accounting Standards Update No. 2016-02](https://asc.understandingaccounting.org/updates/asu-2016-02/)

### Lessors

##### [840-20-05-4](https://asc.understandingaccounting.org/asc/840/20/#840-20-05-4)

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[Paragraph superseded by Accounting Standards Update No. 2016-02](https://asc.understandingaccounting.org/updates/asu-2016-02/)