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lease

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › lease

  • This topic has 0 replies, 1 voice, and was last updated 13 years ago by Anonymous.
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  • November 12, 2011 at 3:58 am #50445
    Anonymous
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    I am confused on what if ,in the case of finance lease, lease term and life of assets is different, lets say lease term =6 and life of assets =5? IAS 17 state one can use shorter of, lease term or life of assets to depreciate the assets i.e 5 years but can we use same theory to derive minimum lease payment i.e. 5 years?

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