Leases
15 Dec 2010
Source: IFRS
The exposure draft proposes that lessees and lessors should apply a right-of-use model in accounting for all leases (including leases of right-of-use assets in a sublease) other than leases of biological and intangible assets, leases to explore for or use natural resources, and leases of some investment properties. It also proposes disclosures based on stated objectives, including disclosures about the amounts recognised in the financial statements arising from leases and the amount, timing and uncertainty of cash flows arising from those contracts.
15 December 2010
Back to Events