Lease

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Kim Smith.

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August 26, 2018 at 7:15 pm #469546
zkaay
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Hi sir,

All lease are treated as finance leases but those for one year are expensed

Is that relevant to our p7 september exam?

It really confused me that not according to what i learned for june 18 sitting

Thanks v much
August 27, 2018 at 9:56 am #469622
Kim Smith
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IFRS 16 was the examinable document for the exam year Sept 2017 – June 2018 for P2 – this has not changed. So I can only suggest that you studied with obsolete materials for June.
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