IFRS 16: Lease Classification for lessors Hindi | Urdu
IFRS 16: Lease Classification for lessors Hindi | Urdu
Under IFRS 16, the lessor's accounting for a lease will be different based on whether the lease is a finance lease or an operating lease.
Thus, the lessor must first classify the lease as a finance lease or an operating lease.
If the lease transfers substantially all the risks and rewards of ownership to the lessee, then it is a finance lease.
• Introduction to leasing. Urdu | Hindi