IAS 17 Leases part 3

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  1. Avatar of kumail kumail says:
    February 24, 2013 at 5:38 pm

    please be loud and avoid breaks.. thnks

  2. Avatar of princefury007 princefury007 says:
    November 15, 2012 at 7:53 am

    thanks a lot ! after your explanation i looked up annuity @ discount factor of 7% for 4 yrs and found it to be 3.387! thanks again i am definitely using your method!

  3. Avatar of princefury007 princefury007 says:
    November 15, 2012 at 2:47 am

    please can anyone help me out with this ! i am struggling with how to bring the cumulative 4yrs rate of 3.387 back to 7%! anyone know how to calculate this

    • Avatar of MikeLittle MikeLittle says:
      November 15, 2012 at 6:25 am

      @princefury007, 13,161 is the present value total. 3,000 of that was paid straight away at a discount factor of 1. The remaining 10,161 represents the present value of 3,000 for each of 4 years multiplied by the cumulative discount factor. 10,161 / 3,000 = 3.387 so cumulative discount factor of 3.387 applied to the equal annual flows of 3,000 = 10,161.

      And 3.387 is the four year factor for 7%

      Clear?

  4. Avatar of elenaj elenaj says:
    March 12, 2012 at 7:06 pm

    Hello Mike! The last page from the lecture starting from “IFRIC 4 specifies….” is missing in our lecture notes. Many thanks for your lectures though, I love them.

  5. Avatar of fayyaz2 fayyaz2 says:
    March 9, 2012 at 9:33 am

    open tuition should include notes and lectures for other standards

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