IFRS 16 Depreciation of right to use asset.Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 16 Depreciation of right to use asset.This topic has 3 replies, 2 voices, and was last updated 3 years ago by Stephen Widberg.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts September 26, 2021 at 2:25 pm #636522 vaibhavramanthan63@gmail.comMemberTopics: 2Replies: 4☆Under IFRS 16 if for the lessor it is a financial lease and for lessee the exemption of short value asset does not apply then will both of them be able to claim depreciation of right to use asset??? September 27, 2021 at 7:51 am #636551 Stephen WidbergKeymasterTopics: 16Replies: 3411☆☆☆☆☆Both will depreciate. Bear in mind that depreciation has nothing to do with tax – that depends on local legislation. September 27, 2021 at 8:58 am #636570 vaibhavramanthan63@gmail.comMemberTopics: 2Replies: 4☆oh ok thanks September 28, 2021 at 7:25 am #636631 Stephen WidbergKeymasterTopics: 16Replies: 3411☆☆☆☆☆🙂AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)The topic ‘IFRS 16 Depreciation of right to use asset.’ is closed to new replies.