Transcription of IFRS 16 – An overview - KPMG
{{id}} {{{paragraph}}}
Example: stock market
IFRS 16 – An overview - KPMG
ifrs 16 An overviewThe new normal for lease accountingMarch ifrs 16 at a glance Key facts Key application issues 32 Lessee accounting Lessee accounting model Initial measurement of the lease liability Initial measurement of the right-of-use asset Subsequent measurement of the lease liability Subsequent measurement of the right-of-use asset Recognition exemptions for lessees Presentation and disclosure 203 Lessor accounting Lessor accounting model lease classification Operating lease model Finance lease model Presentation and disclosure 294 lease definition overview Identified asset Economic benefits from using the asset Right to direct the use 405 Separating components overview Identify separate lease components Identify separate non- lease components Allocate the consideration Allocate the variable consideration 536 lease term overview The non-cancellable period The enforceable period The reasonably certain threshold Renewable and cancellable leases Changes in the leas
– payments for terminating the lease if the lease term reflects early termination. IFRS 16.B42 ‘In-substance fixed payments’ are payments that are structured as variable lease payments, but that – in substance – are unavoidable. Examples include: – payments that have to be made only if an event occurs that has no genuine
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: