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Leases

ASAcca student7y ago
Could you help to find out whether my textbook gives right topics, please?I see in Notes you cover Sale and leaseback which have two types: with and without actual sale, whereas in my textbook the learning objectives are:Sale and operating leaseback,Sale and finance leaseback - in both we derecognize asset, and a separate topic named Finance lease treated as operating lease?
P2-D2P2-D2Tutor7y ago#1
Hi, The new IFRS 16 standard looks at whether there has or hasn't been a sale, so you must have an old textbook. Thanks
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