IFRS 16 Leases

(adsbygoogle = window.adsbygoogle || []).push({}); Topics hide Best guide IFRS 16 Lessee modifications Overview Discount rates Separate lease Not a separate lease Increase in scope not at stand-alone price Decrease in scope Other lease modifications More complex combinations of modifications Termination or break of a lease Master lease agreements Best guide IFRS 16 Lessee modifications … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); Topics hide Best guide IFRS 16 Lessor modifications Discount rates Lessor modifications to finance leases Separate lease Not a separate lease – Finance to operating Not a separate lease – Finance to finance Determining whether the modification is substantial Accounting for a substantial modification Accounting for a modification that is … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); Topics hide IFRS 16 Effective date of a modification IFRS 16 Effective date of a modification Related posts: Related posts: IFRS 16 Effective date of a modification The date on which to account for a lease modification is a key consideration – and may be earlier than you think. Lease … Read more

(adsbygoogle = window.adsbygoogle || []).push({}); Topics hide Beware of COVID 19 Rent concessions IFRS accounting IFRS 16 Rent concession amendments in a nutshell The lessee perspective The lessor perspective Not all rent concessions are in scope of the practical expedient A direct consequence of COVID-19 Revised consideration is substantially the same as or less than … Read more

Topics hide Focus on IFRS 16 Leases Focus on IFRS 16 Leases or in slightly more detail….. Definition of a lease Lease term Example 1 – Extension option requiring approval by both lessee and lessor Initial assessment of the lease term Worked example Related posts: Related posts: Focus on IFRS 16 Leases Source: BDO – … Read more