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 …

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The Dutch Accounting Standards Board (DASB) has sent a critical response to the International Accounting Standards Board (IASB) on the sale and leaseback proposals. In “Exposure Draft Lease Liability in a Sale and Leaseback” the IASB has made proposals with …

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