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Leases – 2021

Forums › ACCA Forums › ACCA AAA Advanced Audit and Assurance Forums › Leases – 2021

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Kim Smith.
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  • May 26, 2021 at 6:08 pm #621856
    emwitton
    Member
    • Topics: 5
    • Replies: 29
    • ☆

    What IFRS 16 should we follow for June 2021 exam?

    The previous finance/operating lease or the new standard that was released recently where it is just a right of use asset and corresponding liability?

    Thank you

    May 26, 2021 at 7:49 pm #621859
    Kim Smith
    Keymaster
    • Topics: 132
    • Replies: 8273
    • ☆☆☆☆☆

    IFRS 16 has been the examinable document for leases for the last three years – since September 2018 (!)

    And please use the ask the tutor forum for a guaranteed response https://opentuition.com/forum/ask-acca-tutor-forums/ask-the-tutor-acca-advanced-audit-and-assurance-aaa-exams

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