Skip to content
ACCA exam results — Are you ready?Chat about it >>

Ask the Tutor ACCA FR

IFRS16 (Leases)

LLawrence5y ago
According to IFRS16, how should i classify a lease for 10yrs of land from a private individual? and also how do I account for this lease in my company financial statements?
P2-D2P2-D2Tutor5y ago#1
Hi, How do you think that it would be accounted for under IFRS16? If you at least attempt to answer your query yourself then I'll tell you if you are correct or not. Thanks
Sign in to reply to this topic.