This document discusses accounting standards for leases under IFRS 16. It covers 14 pages and outlines the key requirements for classifying leases as either finance leases or operating leases and how these different types of leases should be reported on a company's balance sheet. The document also addresses how to measure lease assets and liabilities and the appropriate way to present this information in financial statements prepared according to IFRS 16.
This document discusses accounting standards for leases under IFRS 16. It covers 14 pages and outlines the key requirements for classifying leases as either finance leases or operating leases and how these different types of leases should be reported on a company's balance sheet. The document also addresses how to measure lease assets and liabilities and the appropriate way to present this information in financial statements prepared according to IFRS 16.
This document discusses accounting standards for leases under IFRS 16. It covers 14 pages and outlines the key requirements for classifying leases as either finance leases or operating leases and how these different types of leases should be reported on a company's balance sheet. The document also addresses how to measure lease assets and liabilities and the appropriate way to present this information in financial statements prepared according to IFRS 16.