Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

March 2026 ACCA Exams

Comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2026 exams.
Get your discount code >>

Intercompany Leases

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Intercompany Leases

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • February 22, 2019 at 10:59 pm #506263
    eagledave
    Participant
    • Topics: 22
    • Replies: 292
    • ☆☆☆

    Hi there,

    Please can you share a guidance for intercompany leases? What happens to the right of use booked by lessee and the rental income booked by lessor at consolidation?

    Thanks,

    Ed

    February 25, 2019 at 10:06 pm #506527
    P2-D2
    Keymaster
    • Topics: 4
    • Replies: 7228
    • ☆☆☆☆☆

    Hi,

    All intragroup balances would be eliminated on consolidation, including lease balances.

    Thanks

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.