Search results with tag "Lease modification"
Short-term leases - Deloitte
www2.deloitte.comA lease modification is defined as a change in the scope of a lease, or the consideration for a lease, that was not part of the original terms and conditions of the lease. A lease modification includes adding or terminating the right to use one or more underlying assets, or extending or shortening the contractual lease term.
Lease modifications
assets.kpmg4.1 Overview 30 4.2 Discount rates 31 4.3 Lessor modifications to finance leases 32 4.4 Lessor modifications to operating leases 37 4.5 Termination or break of a lease 39. 5 Effective date of a lease modification 41 6 Transition issues 46. 6.1. Overview 46. Appendix I – IFRS 16 at a glance 48 Appendix II – List of examples 49
Lease modifications ten comprehensive examples - Deloitte
www2.deloitte.comlease term. IFRS 16’s lease modification guidance can be summarised into the diagram overleaf. Broadly speaking, a lease modification is accounted for in one of two ways: 1. It is treated as a separate lease (IFRS 16.44); or 2. It is not treated as …