This article is about “Leased assets of low value” and accounting when applying IFRS 16. Tweuus has been reporting on indexing of Leased assets of low value every year since 2017. Via an exception in the IFRS 16 rules, a …
Indexing a minimum amount for low value leased assets 2024 Read more »
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 »
