2024年10月3日 · Measurement of right-of-use (RoU) asset and lease liability under IFRS 16, including Excel calculation templates.

Applying IFRS 16 involves significant judgements and accounting policy elections that may impact the recognition of assets and liabilities, and their measurement. Assessing whether an arrangement is, or contains, a lease determines whether an arrangement is on- or off-balance sheet for a customer.

2024年2月1日 · gx Applying IFRS for the real estate industry - 2023 edition Cost is the purchase price, including directly attributable expenditures. Such expenditures include transaction costs (such as legal fees and property transfer taxes) and, for qualifying properties under construction not subsequently measured under the fair value model, borrowing ...

2024年4月12日 · Professional fees, for instance, legal fees or stamp duty. Contractual penalties received from contractors involved in constructing an asset are typically subtracted from the cost of PP&E. For self-constructed assets, IAS 2 is particularly useful, given its focus on internally produced assets (IAS 16.22).

Under both US GAAP and IFRS, the income statement recognition for finance leases of lessees consists of the amortization of the right-of-use asset and interest expense related to the lease liability. However, there are differences between IFRS and US GAAP for operating leases.

IAS 16 establishes principles for recognising property, plant and equipment as assets, measuring their carrying amounts, and measuring the depreciation charges and impairment losses to be recognised in relation to them. Property, plant and equipment are tangible items that: are expected to be used during more than one period.

2020年12月4日 · If a company incurs stamp duty and other registration costs for the transfer of title of assets acquired in a business combination, will it be treated as an acquisition cost? My initial view is, that it should form part of it, but want to check with a larger group. Para 53 of IFRS 3

In January 2016, IFRS 16 Leases made various amendments to IAS 40, including expanding its scope to include both owned investment property and investment property held by a lessee as a right-of-use asset.

We have been releasing our in-depth application guidance on IFRS 16 Leases in manageable chunks, one chapter at a time. Each one focuses on a particular aspect and includes explanations of the requirements and examples showing them in practice, to help you apply the new standard.

IFRS 16 Leases prescribes a single lessee accounting model that requires the recognition of asset and corresponding liability for all leases with terms over 12 months unless the underlying asset is of low value. This page provides information on the standard and amendments.