IFRS 16 Lessor Accounting Example 2 | Finance Lease
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
MS Excel
Operating Systems OS
Excel Course Basic to Advanced
Learning English Speaking
Python programming language
SEO Google Digital Marketing
Design and Analysis of algorithms DAA
Graphs In python for beginners
English Language
Communication Skills
Communication Skills importance
Photoshop text masking effect methods
Digital Marketing skills for beginners
Magento Formation Français
French for Beginners
RPA Robotic Process Automation
Electronics fundamentals for beginners
Python in Hindi
English Typing Skills
Advanced Operating Systems
Recent
TensorFlow fundamentals
Graphs In python for beginners
Figma UI design for beginners
Python web scraping fundamentals
Human Capital management strategies
MVC architecture fundamentals
AWS terraform techniques
Communication Skills importance
Microprocessor programming for beginners
Excel for data analytics and data visualization
Digital Marketing tools for beginners
Software Engineer Job fundamentals
Digital Marketing Job roles
Big Data Analytics skills for beginners
Business analysis techniques
Linux Operating system administration for beginners
Java Virtual machine security essentials
Google Cloud platform security essentials
Digital Marketing skills for beginners
Linux System Administration for beginners