Search results with tag "Aasb 117"
Compiled AASB 138 (Oct 15)
www.aasb.gov.au(a) intangible assets held by an entity for sale in the ordinary course of business (see AASB 102 Inventories). (b) deferred tax assets (see AASB 112 Income Taxes). (c) leases that are within the scope of AASB 117 Leases. (d) assets arising from employee benefits (see AASB 119 Employee Benefits). (e) financial assets as defined in AASB 132.
Compiled AASB 117 (Jun 2010)
www.aasb.gov.auCompiled AASB Standard – RDR Early Application Only AASB 117 Leases . This compiled Standard applies to annual reporting periods beginning on or
Guidance for AASB 16 Leases - NSW Treasury
www.treasury.nsw.gov.auAASB 16 retains the key elements of the definition of a lease from AASB 117. However, AASB 16 focuses on whether there is the right to control the use of an identifiable asset, which is important in determining whether an arrangement contains a lease or is a contract for service, or both.
Compiled AASB 117 (June 2009)
www.aasb.gov.auCompiled AASB Standard AASB 117 Leases This compiled Standard applies to annual reporting periods beginning on or after 1 January 2010. Early application is permitted.
Clarity in financial reporting - Deloitte US
www2.deloitte.comA lease receivable is the right to receive lease payments under AASB 117 (or AASB 16). Why specifically consider only the above items? The impairment guidance in AASB 9 is complex and requires a significant amount of judgement, however, certain simplifications have been made specifically for trade receivables, contract assets and lease receivables.
Accounting for Service Concession Arrangements
www.pwc.com.auReporting Standard 5 Reporting the Substance of Transactions (FRS 5) and IAS 17/AASB 117 Leases (IAS 17). The basic principle of FRS 5 is that a party will record an asset on their balance sheet where that party has access to the benefits of the asset and exposure to the risks inherent in those benefits. Under