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Leases

This topic has 3 replies, 2 voices, and was last updated 7 years ago by MikeLittle.

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Posts
November 26, 2017 at 10:00 pm #418133
vikulchik07
Participant
- Topics: 26
- Replies: 12
Hello!
Could you help me with IFRS 16, please?
Should we add direct attributable cost when we recognise Right of use @ SoFP?
Thanks in advance!
November 26, 2017 at 11:30 pm #418293
MikeLittle
Keymaster
- Topics: 27
- Replies: 23296
Yes, directly attributable costs are added into the value of the right-of-use asset on initial recognition
OK?
November 27, 2017 at 8:57 am #418382
vikulchik07
Participant
- Topics: 26
- Replies: 12
Ok!
Thank you very much!
And where directly attributable costs should not be added into the value? Financial instruments, Biological assets, Goodwill? that’s all?
November 28, 2017 at 1:34 am #418508
MikeLittle
Keymaster
- Topics: 27
- Replies: 23296
Look at the IASPLUS website on IFRS 16
It includes other matters like intellectual property and leases for the exploration of oil and minerals
OK?
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