This study assesses the disclosures related to finance leases as per AASB 117 (IAS 17). It covers the disclosures required for lessees and lessors, manufacturing associations, and criteria for dealer lessors. It also discusses the liabilities and accounting treatment of finance leases.

This study focuses on assessment of the vital disclosures in relation to the finance leases as per the predominant standard that is the AASB 117 (IAS 17).

Assessment of Disclosures in Relation to Finance Leases under AASB 117

Finance

Corporate Accounting and Reporting  pdf

This essay examines the relevant disclosure in relation to finance leases in accordance with AASB 117 (IAS17). It discusses the disclosure requirements for both lessors and lessees, and the accounting treatment of finance leases. The essay also highlights the impact of the new accounting standard AASB 16 on finance leases.

Relevant Disclosure in Finance Leases as per AASB 117 (IAS17)

This essay discusses the accounting for finance lease by lessees, including the disclosures and journal entries involved. It also explores the impact of lease categorization on financial statements and stability measures. Find study material on corporate accounting at Desklib.

Corporate Accounting

This article explains the specific accounting treatment, recognition principle and the disclosure requirements of finance leases under AASB 117. It describes the disclosure requirements for lessee and lessor in detail. The article also mentions the relevant accounting standards that need to be complied with.

Disclosures for Finance Leases under AASB 117

This essay focuses on the review of pertinent disclosures linked to finance leases only as per existing standards that is essentially AASB 117 (or else IAS 17). Disclosures for particularly finance leases need to be identified as well as presented properly in the books of particularly the lessors as well as lessees. During the closing of the financial year, both the current along with non-current liabilities of a corporation are associated with the lease contract.

Corporate Accounting and Reporting: Pertinent Disclosures Linked to Finance Leases

This article discusses accounting for finance leases by the manufacturer or dealer lessor and impairment loss calculation in corporate accounting and reporting. It covers the requirements for lessor accounting as per AASB 117 on leases, recognition of assets held under finance lease, recognition of loss or profit arising from sales, and disclosure requirements for leasing activities. The article also includes journal entries for impairment loss calculation.

Assessment of Disclosures in Relation to Finance Leases under AASB 117

Corporate Accounting and Reporting pdflg...

Relevant Disclosure in Finance Leases as per AASB 117 (IAS17)lg...

Corporate Accountinglg...

Disclosures for Finance Leases under AASB 117lg...

Corporate Accounting and Reporting: Pertinent Disclosures Linked to Finance Leaseslg...

Corporate Accounting and Reportinglg...

Corporate Accounting and Reporting pdf

Relevant Disclosure in Finance Leases as per AASB 117 (IAS17)

Corporate Accounting

Disclosures for Finance Leases under AASB 117

Corporate Accounting and Reporting: Pertinent Disclosures Linked to Finance Leases

Corporate Accounting and Reporting