[shayan]

Hi Tutor,

Thanks for the reply. That means we will not depreciate the property which were given on operating lease ? Also we will record the changes to the F.V of those property to P&L directly instead of OCI.?

I have seen some cases where management has given property on operating lease but still depreciating those property and change in value being recorded in OCI?

Please clarify this confusion.

[shayan]

If lessor gives property on operating lease to the lessee, then in the books of a lessor this property will be treated under IAS 16 or IAS 40 ? Please clarify

Thanks

[Author]

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