IFRS 16 | Leases | Part 2 | IFRS | SBR | FR | ACCA | ICAEW | Luqman Rafiq

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[@AmazingDiscountDeals]

Great....

[@ibrahimmiaji4598]

Thank you

[@waqasahmad6111]

Doesn't IFRS-16 also requires different account treatments from lessee too ? If IFRS-16 doesn't then from lessee perspective both operating & finance lease has same treatment.

[@SKM.Academy]

Explained very well

[@simpliruchi]

Hi Sir, IFRS does not define finance and operating lease.

[@Rarepoetry898]

It defines but most of the leases are finance leases so thats why the operating lease is ignored