ADVANCEDACCOUNTI
NG
ANDFINANCI
ALREPORTI
NG
Suppl
ement
,
,Ce
rti
fi
edF
ina
ncea
ndAc
cou
nti
ngPr
ofe
ssi
ona
lAd
van
ced
11
Ac
cou
nti
nga
ndF
ina
nci
alRe
por
ti
ng
CHAPTER
I
FRS16:L
eas
es
Co
nte
nts
1 I
ntr
odu
cti
ona
ndd
efi
ni
ti
ons
2 L
eas
ecl
ass
ifi
cat
ion
3 Ac
cou
nti
ngf
orl
eas
ebyL
ess
ee
4 Ac
cou
nti
ngf
oraf
ina
ncel
eas
e:L
ess
ora
ccou
nti
ng
5 Ac
cou
nti
ngf
ora
nop
era
tin
gle
ase
6 Sa
lea
ndl
eas
eba
ckt
ran
sac
ti
ons
7 Su
ble
ase
, SUPPL
EME
NT
I
NTRODUCTI
ON
Ob
jec
tiv
e
Tobr
oade
ntheknowl
edgeb
as eofbas
icacc
ounti
nga
cqu
ire
dine
arl
i
ermodu
leswi
the
mph
asi
s
onI
nte
rna
tion
alF
inan
cia
lReport
ingSt
and
ards.
L
ear
nin
gou
tco
mes
L
O2 Accountf
ortran
sacti
onsrel
ati
ngt
otan
gibl
eandi
nta
ngibl
eas
sets
i
nclud
ingtran
sacti
onsrel
ati
ngtot
hei
rcommonfi
nanci
ngmat
ter
sand
th
eiri
mp ai
rment
L
O2.
2.1
: I
FRS16:Leas
es:Desc r
ibetheme t
h odo fdeter
min i
ngal easetypei.
e.an
ope
rati
ngorfi
nancelease
L
O2.
2.2
: I
FRS16:Leas
es:Preparejournal
en tr
iesa ndpresentextra
ctsoffinanc
ial
s
tate
me nt
sinres
pec toflesse
ea ccounting,l
essora c
c ount
ing,a
n dsal
eand
l
easebackarr
angeme nt
s ,a
fterma ki
ngn ec
essarycalculat
ion
s
L
O2.
2.3
: I
FRS16:Leas
es:Formu l
ateaccountin
gp ol
ici
esinrespe c
tofdiff
erentl
ease
t
ransa
cti
ons
L
O2.
2.4
: I
FRS16:Leas
es:Analyzetheeffectofd i
f f
eren
tleasingtransac
ti
o nsonthe
p
resent
ati
onoffi
n a
n ci
alstatements.
NG
ANDFINANCI
ALREPORTI
NG
Suppl
ement
,
,Ce
rti
fi
edF
ina
ncea
ndAc
cou
nti
ngPr
ofe
ssi
ona
lAd
van
ced
11
Ac
cou
nti
nga
ndF
ina
nci
alRe
por
ti
ng
CHAPTER
I
FRS16:L
eas
es
Co
nte
nts
1 I
ntr
odu
cti
ona
ndd
efi
ni
ti
ons
2 L
eas
ecl
ass
ifi
cat
ion
3 Ac
cou
nti
ngf
orl
eas
ebyL
ess
ee
4 Ac
cou
nti
ngf
oraf
ina
ncel
eas
e:L
ess
ora
ccou
nti
ng
5 Ac
cou
nti
ngf
ora
nop
era
tin
gle
ase
6 Sa
lea
ndl
eas
eba
ckt
ran
sac
ti
ons
7 Su
ble
ase
, SUPPL
EME
NT
I
NTRODUCTI
ON
Ob
jec
tiv
e
Tobr
oade
ntheknowl
edgeb
as eofbas
icacc
ounti
nga
cqu
ire
dine
arl
i
ermodu
leswi
the
mph
asi
s
onI
nte
rna
tion
alF
inan
cia
lReport
ingSt
and
ards.
L
ear
nin
gou
tco
mes
L
O2 Accountf
ortran
sacti
onsrel
ati
ngt
otan
gibl
eandi
nta
ngibl
eas
sets
i
nclud
ingtran
sacti
onsrel
ati
ngtot
hei
rcommonfi
nanci
ngmat
ter
sand
th
eiri
mp ai
rment
L
O2.
2.1
: I
FRS16:Leas
es:Desc r
ibetheme t
h odo fdeter
min i
ngal easetypei.
e.an
ope
rati
ngorfi
nancelease
L
O2.
2.2
: I
FRS16:Leas
es:Preparejournal
en tr
iesa ndpresentextra
ctsoffinanc
ial
s
tate
me nt
sinres
pec toflesse
ea ccounting,l
essora c
c ount
ing,a
n dsal
eand
l
easebackarr
angeme nt
s ,a
fterma ki
ngn ec
essarycalculat
ion
s
L
O2.
2.3
: I
FRS16:Leas
es:Formu l
ateaccountin
gp ol
ici
esinrespe c
tofdiff
erentl
ease
t
ransa
cti
ons
L
O2.
2.4
: I
FRS16:Leas
es:Analyzetheeffectofd i
f f
eren
tleasingtransac
ti
o nsonthe
p
resent
ati
onoffi
n a
n ci
alstatements.
