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Accounting standard of leases

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Accounting standard of leases

  • This topic has 5 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • July 21, 2016 at 9:58 am #328180
    Kip Fatt
    Member
    • Topics: 29
    • Replies: 62
    • ☆☆

    For P7 examination, IAS 17 or IFRS 16 will apply to leases?

    July 21, 2016 at 1:22 pm #328208
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    IAS 17 IS included in the copy of examinable documents that I’ve just looked at and IFRS 16 ISN’T on that list

    For September 2016, the relevant document for Leases is IAS 17

    OK?

    July 21, 2016 at 1:42 pm #328215
    Kip Fatt
    Member
    • Topics: 29
    • Replies: 62
    • ☆☆

    Yup. Thank you. So we should pay more attention to the changes in audit report right?

    July 21, 2016 at 7:47 pm #328263
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    That would seem to be the way to go!

    July 22, 2016 at 1:04 am #328291
    Kip Fatt
    Member
    • Topics: 29
    • Replies: 62
    • ☆☆

    Thank you

    July 22, 2016 at 6:24 am #328306
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23334
    • ☆☆☆☆☆

    You’re welcome

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    Posts
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