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For the following arrangements, discuss whether they are 'in substance' lease transactions, and thus fall under the ambit of IAS

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For the following arrangements, discuss whether they are 'in substance' lease transactions, and thus fall under the ambit of IAS 17.

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Scenario a The substance of this arrangement is that Entity A has effectively sub leased the asset t…View the full answer


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Applying International Financial Reporting Standards

Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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Question Posted: April 30, 2016 13:03:29
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