We are talking about “Leased assets of low value” and accounting when applying IFRS 16. Via an exception, a so-called ‘practical expedient’, simplified accounting and reporting is allowed for leased assets with an original value -as at the beginning of …

Indexing a minimum amount for low value leased assets 2023 Read more »

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 …

Indexing minimum amount for low value leased assets 2022 Read more »