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IFRS 16

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 16

  • This topic has 3 replies, 2 voices, and was last updated 6 years ago by P2-D2.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • December 24, 2018 at 1:08 pm #492613
    gangsta1
    Member
    • Topics: 75
    • Replies: 10
    • ☆☆

    Sir, when ascertaining the lease liability, does this includes end of life cost? I am not seeing this in the notes.

    December 24, 2018 at 9:59 pm #492647
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7205
    • ☆☆☆☆☆

    Hi,

    What do you mean by end of life cost?

    Thanks

    January 3, 2019 at 1:05 am #499730
    gangsta1
    Member
    • Topics: 75
    • Replies: 10
    • ☆☆

    For example sir, the cost of dismantling an oil rig.

    January 4, 2019 at 9:53 pm #500025
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7205
    • ☆☆☆☆☆

    If it is a payment then we have to make then yes it would be included.

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