Implications of IFRS-16

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June 25, 2018 at 3:15 pm #460103
madhurima
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Hello All!
Please guide me on how fully prepaid lease premium for a leasehold land for a term of 95 years be treated as per IFRS -16. As there’s no liability, instead prepaid balance?
June 26, 2018 at 9:05 am #460160
P2-D2
Keymaster
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Hi,

Where have you seen this in any of the materials? It sounds a bit too far removed from the FR syllabus so I’d not worry about it too much.

Thanks
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