Tax & Accounting for Leases 7th April 2012 – London, UK 10% discount available! Register Today – Quote VIP Code FKW52345ILL The IASB aims to publish the Leases re-exposure document in Q2 2012 – don’t miss the opportunity to hear...
List of useful info, resources and documents available on other websites about IAS 17 – Leases. Summary of IAS 17 – IASPlus Full Text of the IAS 17 as at 31 December 2010 provided by IASB (You need to register) Other useful resources … Con...
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 [...]
Hi all, Any idea on this please... a lease to own vehicle for two years. but a bank will finance the monthly lease fee. how should this be treated and booked? thanks! Brenda
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. [...]
Dear All, The company use a buillding under operation lease, company just pay lease payments to the owner of the building and there is no intention in the future to get any legal rights on this building. The repairement of the building was performed by the lessee company. According to IFRC, can the repairment expenses [...]
Dear Experts, Please give your export opinion on the following query: The Company issues lease agreement for 12 months for rent of 120000 from 1 Jan 2008 to 31 Dec 2008. The Company gives concession for 2 months from 1 Jan 2008 to 28 Feb 2008 for 20000 i.e. a customer has to pay 100,000. [...]
Dear All, Recently my company has entered into a lease agreement with a leasing company. This lease is for 18 months and we have to pay 18 equal installments and an interest @ 16%. However, we will give to them a loan/security deposit of equivalent principal amount and they will give it back to us also in 18 equal installments @ 15%. Now my question is what do we call the deposit that we are making. It is certainly not cash as we have no accounts with the leasing company and the amount is no readily convertible/useable. We are getting interest @ 15%, so it is not an advance or prepayment or security deposit. Therefore, can you please help? […]