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IFRS 16 LEASE

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

  • This topic has 1 reply, 2 voices, and was last updated 3 months ago by Stephen Widberg.
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  • April 28, 2022 at 1:12 pm #654542
    Yovin
    • Topics: 25
    • Replies: 1
    • ☆

    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
    Moderator
    • Topics: 10
    • Replies: 2563
    • ☆☆☆☆☆

    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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