ACCASBRIAS16Lea笔记
IAS 16 Lea
— Identify a lea
A contract is, or contains, a lea if the contract conveys the right to control
the u of an identified ast for a period of time in exchange for consideration. The right to control the u of an identified ast depends on the le having:
a) The right to obtain substantially all of the economic benefit from u of the
identified asts; and
b) The right to direct the u of the identified ast. This aris if either:
The customer has the right to direct how and for what purpo the ast is ud during the whole of its period of u, or The relevant decisions about u are pre-determined and the customer can operate the ast without the supplier having the right to change tho operating instructions.
gleam—
Recognition Exemptions
Instead of applying the recognition requirements of IFRS 16 described below, a le may elect to account for lea payments as an expen on a straight-line basis over the lea term or another systematic basis for the following two types of leas: (a) Short-term leas: The are leas with a lea term of 12 months or less.
This election is made by class of underlying ast. A lea that contains a purcha option cannot be a short-term lea.
(b) Low-value leas: The are leas where the underlying ast has a low value
when new
— Separating components of a contract
A contract may contain both a lea component and a non-lea component. In other
words it may include an amount payable by the le for activities and costs that do not transfer goods or rvices to the le. The activities and costs might, for example, include maintenance, repairs or cleaning.
fileexistsIFRS 16 requires entities to account for the lea component of the contract parately from the non-lea component. The entity must split the rental or lea payment and:
Account for the lea component under IFRS 16; (PV of CF)
Account for the rvice element parately, generally as an expen in P/L The consideration in the contract is allocated on the basis of the sand-alone prices of the lea components, and the non-lea components.
— Right-of-u asts
Initial measurement
At the commencement date the right-of-u ast is measured at cost. This compris:
(a) The amount of the initial measurement of the lea liability
stahl(b) Any lea payments made before the commencement date, less any lea
incentives received
学习英语需要多少钱(c) Any initial direct costs incurred by the le
(d) Any costs which the le will incur for dismantling and removing the
underlying ast or restoring the site at the end of the lea term
Dr. Right-of-u ast
Cr. Lea obligation (a)
Cr. Cash (b)(c)
Cr. Provision (d)
Subquent measurement
After the commencement date, a le shall measure the right-of-u ast applying a cost model, unless it is an investment property or belongs to a class of asts to which the revaluation model applies.
If the lea transfers ownership of the underlying ast at the end of the lea term or if the cost reflects a purcha option which the le is expected to exerci, the right-of-u ast should be depreciated over the uful life of the underlying ast.
If there is no transfer of ownership and no purcha option, the right-of-u ast should be depreciated from the commencement date to the earlier of the end of the uful life and the end of the lea term.
— Leas Labilities雅思培训武汉哪个强
Initial measurement
At the commencement date, a le shall measure the lea liability at the prent value of the lea payments that are not paid at that date. The lea payments shall be discounted using the interest rate implicit in the lea, if that rate can be readily determined.
Subquent measurement
After the commencement date, a le shall measure the lea liability by: (same as Amortized cost)
(a) increasing the carrying amount to reflect interest on the lea liability;
戴尔英语(b) reducing the carrying amount to reflect the lea payments made; and
(c) remeasuring the carrying amount to reflect any reasssment or lea
modifications or to reflect revid in-substance fixed lea payments.
(discount rate, lea term, lea scope变化)
— Remeasurement of lea liability
There are a number of circumstances where the lea liability might be remeasured, with a corresponding adjustment to the right of u ast:
endless story(a) The lea term is revid
l295(b) Variable lea payments (future lea payments bad on an index or rate)
are revid
(c) The lea is modified
(d) There is a change in the amount expected to be paid under residual value
guarantees.
Lea term
The non-cancellable period for which the le has contracted to lea the ast together with any further terms for which the le has the option to continue to lea the ast, with or without further payment, when at the inception of the lea it is reasonably certain that the le will exerci the option and any periods covered by an option to terminate the lea if the le is reasonably certain not to exerci that option.
1. Adjust the lea liability by:
a) Including the lea payments over the revid term
b) Applying a revid discount rate
2. Make a corresponding adjustment to the right of u ast
Variable lea payments
The treatment of variable lea payments depends on the type of variable payment.
重荷
(a) Payments that vary according to an index or rate are included in the lea
liability and ast bad on the index or rate at the measurement date.
The lea liability is remeasured when the index or rate changes and the
lea payments are revid.fringes
(b) Payments that vary bad on future usage of the lead ast are not
included in file lea liability or ast. They are recognized as an expen
in the period in which the event or condition that triggers the payment
takes place.
(c) However, variable Payments that are in-substance fixed payments are
included in the lea payments. They are treated as fixed payments.
Lea modification
Lea modifications may result in a number of outcomes, depending on the nature of the modification:
(a) A parate lea
(b) A remeasurement of the lea liability using a discount rate determined at
that date (and corresponding adjustment to the right of u ast)
(c) A remeasurement of the lea liability using a discount rate determined at
that date and partial termination of the lea.
