3 Questions
What is the objective of the disclosures for lessors?
To disclose information that allows users to assess the effect of leases on the lessor's financial position, performance, and cash flows
What must lessors disclose for finance leases?
The finance income and net investment in the lease
What disclosure requirements must be applied for operating leases?
The disclosure requirements of NZ IAS 16 for PPE being leased
Study Notes
Sure, what is the topic of the quiz?
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free