ACC2100Fi
nanci
alRepor
ting
Week5:Account
ingf
orLeases
, L
ear
nin
gOb
jec
tiv
es
1
. De
fin
iti
on,
nat
urea
ndi
mpl
i
cat
ion
sofl
eas
es
2
. Re
qui
reme
ntsofAASB1
6Le
ase
s
3
. Ac
cou
nti
ngf
orl
eas
esb
yth
ele
sse
e
4
. Ac
cou
nti
ngf
orf
ina
ncel
eas
esb
yth
ele
ssor
5
. Ac
cou
nti
ngf
orop
era
tin
gle
ase
sbyt
hel
ess
or
6
. Di
scl
osu
res
, Ob
jec
tiv
e1
Na
tur
ean
dimp
li
cat
ion
sofl
eas
es
, De
fin
iti
ono
fLe
ase
IF
RS16d efi
nesaleaseter
ma sthen on-
cancel
la
bleper
iodfor
whicht
helesse
eh astheri
ghttousea nund
e r
ly
ingass
etincl
udi
ng
opti
ona
l p
eri
odswh enanenti
tyisr
ea son
ablycer
tai
ntoe x
erci
sean
opti
ontoext
end(ornottoter
minat
e )aleas
e .
Al
ess
orwou
ldn
otb
epe
rmi
tt
edt
ore
ass
esst
hel
eas
ete
rm.
nanci
alRepor
ting
Week5:Account
ingf
orLeases
, L
ear
nin
gOb
jec
tiv
es
1
. De
fin
iti
on,
nat
urea
ndi
mpl
i
cat
ion
sofl
eas
es
2
. Re
qui
reme
ntsofAASB1
6Le
ase
s
3
. Ac
cou
nti
ngf
orl
eas
esb
yth
ele
sse
e
4
. Ac
cou
nti
ngf
orf
ina
ncel
eas
esb
yth
ele
ssor
5
. Ac
cou
nti
ngf
orop
era
tin
gle
ase
sbyt
hel
ess
or
6
. Di
scl
osu
res
, Ob
jec
tiv
e1
Na
tur
ean
dimp
li
cat
ion
sofl
eas
es
, De
fin
iti
ono
fLe
ase
IF
RS16d efi
nesaleaseter
ma sthen on-
cancel
la
bleper
iodfor
whicht
helesse
eh astheri
ghttousea nund
e r
ly
ingass
etincl
udi
ng
opti
ona
l p
eri
odswh enanenti
tyisr
ea son
ablycer
tai
ntoe x
erci
sean
opti
ontoext
end(ornottoter
minat
e )aleas
e .
Al
ess
orwou
ldn
otb
epe
rmi
tt
edt
ore
ass
esst
hel
eas
ete
rm.
