3.1 Initial recognition An entity shall recognize a financial asset or a financial liability in its statement of financial position when, and only when, the entity becomes party to the contractual provisions of the instrument.当且仅当主体成为金融工具合同条款的一方时,主体应在其财务状况表中确认金融...
International Financial Reporting Standard 16 Leases (IFRS 16) sets out the IN1 International Financial Reporting Standard 16 Leases (IFRS 16) sets out the principles for the recognition, measurement, presentation and disclosure of principles for the recognition, measurement, presentation and disclosure ...
According to the amended guidance, a temporary difference that arises on initial recognition of an asset or liability is not subject to the initial recognition exemption if that transaction gave rise to equal amounts of taxable and deductible temporary differences. Paragraph 22A has been added to ...
2 Lessee accounting 13 2.4 Subsequent measurement of the lease liability 2.4.2 IFRS 16.39 IFRS 16.36(c), 40–43, B42(a)(ii) Initial recognition of lease liability Payment Repayment of interest Repayment of principal Carrying amount of liability at end of Year 1 (450) (...
Summary of IFRS 16 Summary of IFRS 16 Objective IFRS 16 establishes principles for the recognition, measurement, presentation and disclosure of leases, with the objective of ensuring that lessees and lessors provide relevant information that faithfully represents those transactions. [IFRS 16:1] Scope...
16 ESG & Equities ● Global 19 February 2019 2. What is the period of the lease and therefore what lease payments should be included (or excluded) in the asset and liability? Determining the appropriate term of a lease is vital as the initial recognition and measurement Any subjectivity in ...
When determining whether fair value at initial recognition equals the transaction price, an entity shall take into account factors specific to the transaction and to the asset or liability. 在确定初始确认公允价值是否等于交易价格时,主体应当考虑该交易和该资产或负债的具体因素。 The transaction is between...
Initialrecognition and classification:recognition of the lease liability and a right-of-use asset at the commencement date using the present value of the lease payments that are not paid at that date. Subsequent measurement and re-measurement:calculation of increase of carrying amount by interest...
IFRS 16 replaces IAS 17, IFRIC 4, SIC‑15and SIC‑27. IFRS 16 sets out the principles for the recognition, measurement,presentation and disclosure of leases.Other Standards have made minor consequential amendments to IFRS 16,including Amendments to References to the Conceptual Framework in ...
International Financial Reporting Standard 16 Leases (IFRS 16) sets out the IN1 International Financial Reporting Standard 16 Leases (IFRS 16) sets out the principles for the recognition, measurement, presentation and disclosure of principles for the recognition, measurement, presentation and disclosure ...