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In past paper 2019 March/June Q3b i)

This topic has 2 replies, 2 voices, and was last updated 4 years ago by Stephen Widberg.

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September 25, 2020 at 2:19 pm #586676
lam92468135
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Hi!!!
In past paper 2019 March/June Q3b i)
1) in the answer, it always raises a word “off-balance sheet leases”,I haven’t see this word in your notes, what is the meaning of “off-balance sheet leases” ?
2) in the answer, it said that the new standard IFRS 16 can provide a more accurate reflection of the economic of leases, Why? Why in the old standard can’t reflect the economy of leases accurately?
September 25, 2020 at 2:25 pm #586678
lam92468135
Member
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This question is asking for ACCA SBR past paper!!!
Please solve!!!!
September 25, 2020 at 5:03 pm #586712
Stephen Widberg
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Please resubmit with the header – Leases / off balance sheet finance
This is to help other students searching for the same issue
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