Sale and finance lease backForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Sale and finance lease backThis topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts April 17, 2013 at 7:10 pm #122761 rimxParticipantTopics: 31Replies: 37☆☆Hey Mike, In a sale and finance lease back how the substance of the transaction shall be accounted ? will it be accounted as a loan as a result of the sale charging interest to it or according to IAS 17 ? Thanks. April 18, 2013 at 4:42 pm #122817 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆Sale and finance lease back is Dr Cash and Credit Finance lease Obligation accountAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In