- This topic has 1 reply, 2 voices, and was last updated 13 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Sale and finance lease back
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.
Sale and finance lease back is Dr Cash and Credit Finance lease Obligation account
