Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

How is the lease liability initially measured under IFRS 16?

user-image
Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/03/19
Soliman Abd  ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

All leases result in a company obtainin the right to use an asset at the start of the lease and, if lease payment are made over time,also obtaining financing. _Liabilities for all leases with a term of more than 12 months, unless the underlying asset is of low value, and deprecation of lease assets separately from intest on lease liabilities in the income statement

More Questions Like This