أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
There are few criterias outlined in IFRS / IAS before deciding the transaction is Finance lease or operating lease.
In operating lease the ownership is not transferred to lessee and on other hand ownership of an asset is transferred to lessee at the end of the term.
Lease would be treated as finance lease if the major portion of the term or may I call it the tenure is used by lessee.
