Project cost – Leased land

Dear all, This is my first participation in this forum. i have a question regarding the land as an operating lease. We have a leased land used for a project. Currently the lease rent is being capitalised as land costs- Property Under Development, on the basis that this costs incurred to bring the assets into [...]

By |April 2nd, 2010|OTHER IFRS|2 Comments

IAS 17 – Leases

Dear Experts, Could you please give your feedback on IAS-17 A company owns buildings under PPE and renting our applies IAS -17. Whether car park leasing will also to be accounted as per IAS-17 or as other income. If yes, then what if there are more than 1000 tenants with an amount of 1000 p.a. [...]

By |May 26th, 2009|OTHER IFRS|0 Comments