IFRS 16 LeasesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IFRS 16 LeasesThis topic has 1 reply, 2 voices, and was last updated 6 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts November 26, 2017 at 9:12 pm #418131 vikulchik07ParticipantTopics: 26Replies: 12☆Hello!I have a question about the example from the first video about Leases. I don’t understand why we have rental expense in the firs year (we recognise it in P/L). The first year is free from payment.Thanks in advance! November 28, 2017 at 10:04 pm #418752 P2-D2KeymasterTopics: 4Replies: 6898☆☆☆☆☆Hi,It is because of the matching concept. If we are using the asset but not paying rent a rental expense will still need to be recognised.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In