We are talking about “Low value Leased Assets” and how to account for them when applying IFRS 16. It is allowed for leased assets with an original value of US$ 5,000 maximum to be recorded and reported simply via an …

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The series of Lease Implementation Dilemmas on IFRS16 started in August with the Non-recoverable VAT (finished) and then Foreign currency contracts (still ongoing, comments closing next Friday at 12 noon, Dutch time, with presentation on Monday 8 October). Note: IFRS16 …

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