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maximus07.
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maximus07
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Professor, is Leasehold Asset part of IAS-16 (PPE) or IFRS-16 (leasing)?
P2-D2
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Hi,
Leasehold building are still part of PPE as we still own the building but someone else owns the land that it was built upon, hence we use IAS 16.
Thanks,
maximus07
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Thank you!
maximus07
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