O'Reilly logo
Safari Logo
Start Free Trial
Sign In
Pricing
Enterprise
Wiley IFRS 2014: Interpretation and Application of International Financial Reporting Standards by Brandon Hanekom, Blaise Colyvas, Raymond Chamboko, Edwin Selbst, Tapiwa Njikizana, Danie Coetsee, Bruce Mackenzie
Stay ahead with the world's most comprehensive technology and business learning platform.
With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.
Start Free Trial
No credit card required
Chapter 22
LEASES
INTRODUCTION
DEFINITIONS OF TERMS
CLASSIFICATION OF LEASES
Classification of Leases—Lessee
Leases Involving Land and Buildings
Classification of Leases—Lessor
Consistent accounting by lessee and lessor
Different Types of Finance Leases
RECOGNITION AND MEASUREMENT
Accounting for Leases—Lessee
Operating leases
Finance leases
Depreciation of leased assets
Impairment of leased asset
Accounting for Leases—Lessor
Operating leases
Finance leases
Sales-type leases
Direct financing leases
Leveraged leases
Sale-Leaseback Transactions
Other leasing guidance
DISCLOSURE REQUIREMENTS UNDER IAS 17
Lessee Disclosures
Lessor Disclosures
FUTURE DEVELOPMENTS
US GAAP COMPARISON
APPENDIX A: SPECIAL SITUATIONS NOT ADDRESSED BY IAS 17 BUT WHICH HAVE BEEN INTERPRETED UNDER US GAAP
Sale-Leaseback Transactions
Sale-leaseback involving real estate
Leases Involving Real Estate—Guidance under US GAAP
Leases Involving Land Only
Lessee accounting
Lessor accounting
Leases Involving Land and Building
Lessee accounting
Lessor accounting
Leases involving real estate and equipment
Leases involving only part of a building
Termination of a Lease
Renewal or Extension of an Existing Lease
Leases between Related Parties
Accounting for Leases in a Business Combination
Sale or Assignment to Third Parties—Nonrecourse Financing
Money-Over-Money Lease Transactions
Acquisition of Interest in Residual Value
Accounting for a Sublease
APPENDIX B:LEVERAGED LEASES UNDER US GAAP
INTRODUCTION ...
With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.
Start Free Trial
No credit card required