Lease Accounting for Lessors | Overview | IFRS 16
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YouTubeEdspira
Lease Accounting for Lessors | Overview | IFRS 16
The lessor must first classify the lease as a finance lease or an operating lease. If it’s a finance lease, the lessor will: • Record sales revenue and cost of goods sold (if the lessor is a manufacturer or a dealer) on the lease commencement date • Remove the asset from its statement of financial position • Record a lease receivable ...
5.8K viewsJun 27, 2021
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Bericht Global Excellence on Instagram: "Still using old accounting methods in 2026? If you’re a Commerce Graduate, it’s time to level up! Most graduates are stuck with outdated techniques. To become a Global Professional, you need to master: ✅ Lease Accounting (New Standards) ✅ Revenue Recognition (The 5-Step Process) ✅ Consolidated Financial Statements Get practical IFRS training from industry experts at Bericht Global Excellence and future-proof your career! Ready to Upgrade? 📞 Call: +91 964
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Bericht Global Excellence on Instagram: "Still using old accounting methods in 2026? If you’re a Commerce Graduate, it’s time to level up! Most graduates are stuck with outdated techniques. To become a Global Professional, you need to master: ✅ Lease Accounting (New Standards) ✅ Revenue Recognition (The 5-Step Process) ✅ Consolidated Financial Statements Get practical IFRS training from industry experts at Bericht Global Excellence and future-proof your career! Ready to Upgrade? 📞 Call: +91 964
Instagrambericht_global
401 views3 weeks ago
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