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Sir can you give an numerical example of the following:
IFRS 16 says that the lease liability should be re-calculated using a revised discount rate if:
-the entity’s assessment of an option to purchase the underlying asset
changes.Question is unclear and way over the top for this exam. If you are interested you may find guidance in:
https://www2.deloitte.com/content/dam/Deloitte/sg/Documents/audit/sea-audit-IFRS-16-guide.pdf
(Paragraph 7.5.2.5)
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