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Due to the changes in the syllabus regarding leases, what kind of questions should we expect in the exam? You mentioned in some of the comment section of the lecture videos on leases that some examples you treated are no longer relevant nor examinable.
I am not sure about how to prepare for this aspect of the syllabus due to this changes. Would thoroughly understanding the lecture notes on leases suffice?
“Would thoroughly understanding the lecture notes on leases suffice?”
I believe so, yes
The existing video lecture is based on the old IAS but it’s potentially the case that you may need to know how to separate the long-term liability element from the aggregate amount due on the lease
I have no idea yet of how the examiner may ask questions on IFRS 16 – it’s exciting isn’t it?!
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