About this document
IFRS 16 Lease Principles Overview by ubongudofia98 is a document available to read on EtoBox.
IFRS 16 establishes principles for accounting for leases. It requires lessees to recognize assets and liabilities for all leases with a term of more than 12 months. For lessors, the accounting stays much the same. The document provides definitions, outlines recognition and measurement requirements for lessees and lessors, and includes an illustration of accounting for a lease.
- Author
- ubongudofia98
- Language
- EN