• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

BPP Black Friday sale!

40% discount on all BPP books specially for OpenTuition students!
Get it here >>

Operating lease

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Operating lease

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • March 8, 2017 at 2:16 am #376432
    Anuja Nair
    Member
    • Topics: 365
    • Replies: 353
    • ☆☆☆☆

    Hi sir. Let’s say we are a company who have a property that we do not use for ourselves, but we lease it to others on a operating lease. And we account for all investment properties, using the fair value model.

    Since its a operating lease, the asset will still be ours and therefore we can recognise it as a investment property in our financial statements right sir?
    Therefore, we will not depreciate the asset but will conduct a fv exercise at each year end.. any gains or losses on revaluation will go to the statement of profit or loss right sir ?

    March 8, 2017 at 8:36 am #376496
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23350
    • ☆☆☆☆☆

    Correct and correct, yes

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Operating lease’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • Sarah461422 on Risk and Uncertainty – Expected Values – CIMA P2
  • Memon on The Management Accountant’s Profit Statement – Absorption Costing – ACCA (MA)
  • NaveenMatt on Discounted Cash Flow – Annuities and Perpetuities – ACCA Financial Management (FM)
  • NaveenMatt on Discounted Cash Flow – Annuities and Perpetuities – ACCA Financial Management (FM)
  • NaveenMatt on Discounted Cash Flow – Annuities and Perpetuities – ACCA Financial Management (FM)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in