IFRS 16 or IAS 17Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › IFRS 16 or IAS 17This topic has 1 reply, 2 voices, and was last updated 6 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 17, 2018 at 11:59 am #452415 ram456MemberTopics: 17Replies: 8☆Hello Sir Mike,If any questions in Paper P7 is based on ‘Leases’, is it possible that we still write basing our answers from IAS 17 and not from IFRS 16 and obtain a reasonable marks?Thank you for your valuable suggestions. May 17, 2018 at 12:10 pm #452423 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆IAS 17 is no longer in the syllabus and, in fact, with effect from 1 January, 2019, it will no longer existBriefly, in answer to your question, no! It’s unlikely that you will score “a reasonable mark”There is no point in an examiner / marker giving credit for standards that no longer applySorry, but that’s probably not what you wanted to hearOK?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)The topic ‘IFRS 16 or IAS 17’ is closed to new replies.