IFRS 16 LEASE

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.

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April 28, 2022 at 1:12 pm #654542
Yovin
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Hi Sir ,
Wanna know if there will be only written question for lease remeasurement and lease modification or there will also be computations.
April 29, 2022 at 12:11 pm #654610
Stephen Widberg
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Possibly computations.

If there is a remeasurement.

1. Calculate the new liability.
2. Assuming that the liability has gone UP by 10:

Dr Right of Use Asset 10
Cr Liability 10

End of knowledge. 🙂
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