Questions on new standards

Hi, I doubt that this will appear for leases as it has already been examined in the past. The new leases standard is now examinable and will be seen in any of the first three questions. Thanks

In the BPP study text see chapter 8, section 5 p.255 which explains why a new standard was needed and its impact Basically it is to prevent off-balance sheet financing and improve transparency and comparability

Correct. Thanks