Lease Classification for Lessor | IFRS 16
Hide All Ads - Subscribe Premium Service Now
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
French
Graphic design tools for beginners
Improving Public speaking skills
Data Science and Data Preparation
Learning English Speaking
Artificial intelligence essentials
MS Excel
YouTube channel setup
Graphic Design Basics
Build a tic tac Toe app in Xcode
Figma for UX UI design
Formation efficace à l écoute de l
Electrical engineering for engineer
Ubuntu linux
Data Mining for Data Science
Build a profitable trading
Web Design for Beginners
Advanced Logo design methods
Python programming language
Design and Analysis of algorithms DAA
Recent
Qur anic reflections
Pillars of faith in islam
Pray in arabic word by word
Improve your Quran recitation
Read the Qur an
Islam in arabic basics
Qur an recitation
Arabic islamic words
Islamic vocabulary
Data Science and Data Preparation
Growing ginger at home
Gardening basics
Ancient watering techniques
Grow mushrooms
Growing onions
Veggie growing
Bean growing at home
Growing radishes
Tomato growing at home
Shallot growing