How to Calculate the Right of use Asset
Share your inquiries now with community members
Click Here
Sign up Now
Lessons List | 25
Lesson
Comments
Related Courses in Business
Course Description
IFRS 16 is an International Financial Reporting Standard promulgated by the International Accounting Standards Board providing guidance on accounting for leases. IFRS 16 was issued in January 2016 and is effective for most companies that report under IFRS since 1 January 2019.
IFRS 16 defines a lease term as the noncancellable period for which the lessee has the right to use an underlying asset including optional periods when an entity is reasonably certain to exercise an option to extend (or not to terminate) a lease.
IFRS 16 requires that the 'right of use asset' and the lease liability should initially be measured at the present value of the minimum lease payments. The discount rate used to determine present value should be the rate of interest implicit in the lease.
Trends
AI powered Digital Marketing for Beginners
Python programming language
Learning English Speaking
Presentation Skills
ChatGPT essentials for beginners
Building a Website with HTML CSS
Control Systems CS
MS Excel
C Programming from scratch
English greetings and responses
Business Law fundamentals
python programming essentials for beginners
Mobile Apps from Scratch
Creating bitmap images from scratch
CompTIA security certification for beginners
Excel Course Basic to Advanced
Video editing with adobe premiere
Javascript interview questions and answers
R Programming basics for Data Analytics
Photoshop Color Swatch essentials
Recent
ChatGPT essentials for beginners
CompTIA security certification for beginners
Highest Paying IT certifications
Javascript interview questions and answers
Azure fundamentals certification exam
IT certification exams Preparation
Cyber security roadmap for beginners
AWS certification Learning Paths for beginner
Google Cybersecurity Professional Certificate
Cisco IT certifications for beginners
IBM data analyst Professional certificate
Top Programming Languages to Learn in 2024
Building a Website with HTML CSS
C Programming from scratch
Creating Unhackable Passwords with C
Most dangerous hacking gadgets in 2024
Nessus vulnerability scanning for beginners
Designing VB NET booking system form layout
Building a shark attack game in scratch
Programming with VBA for beginners