Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Standard view
Full view
of .
Look up keyword
Like this
0 of .
Results for:
No results containing your search query
P. 1
Financial Accounting II Lecture 26

Financial Accounting II Lecture 26

Ratings: (0)|Views: 71|Likes:
Published by Mohsin

More info:

Categories:Types, Business/Law
Published by: Mohsin on Nov 23, 2009
Copyright:Attribution Non-commercial


Read on Scribd mobile: iPhone, iPad and Android.
download as PPS, PDF, TXT or read online from Scribd
See more
See less





Financial Accounting IILecture 26
A lease is an agreement whereby thelessor conveys to the lessee in returnfor a payment or series of payments theright to use an asset for an agreedperiod of time.
Lease – IAS 17
The definition of lease includes contractsfor the hire of an asset which contains theprovision giving the hirer option to acquiretitle to the asset upon fulfillment of agreedconditions. These contracts are sometimesknown as hire purchase contracts.
Lease – IAS 17

You're Reading a Free Preview

/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->