JUNE 2013

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April 1, 2019 at 11:53 am #510952
toushiga
Participant
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Hi Sir, For PYQ June 2013 Q3 (a)
As there have a change for IFRS 16 lease standard which affect the past year answer for lease treatment, as no more using the old standard Ias 17

To find the lease cash payment, the finance lease int, should it be included in the working for repayment of finance lease obligation under investing activities? (working iii)
For the $250000, as its part of the lease liability which we added to the liability and find the total lease cash repayment included lease int paid? Is it correct?
Thank you.
April 1, 2019 at 9:21 pm #510995
P2-D2
Keymaster
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Hi,

I’m confused as to what you’re trying to do, sorry. Are you trying to answer the old question under IAS 17 or IFRS 16? If you want up to date answers then can I suggest that you buy an up to date revision kit.

Thanks
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