Leases are classified on the basis of 'substance over form'. What does this criterion mean and how

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Leases are classified on the basis of 'substance over form'. What does this criterion mean and how does it relate to the capitalisation of finance leases?

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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: Apr 30, 2016 01:03 PM

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Leases are classified on the basis of 'substance over form'. What does this criterion mean and how

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The IFRS ConceptualFramework in paragraph 35 states that if information is to represent faithfully t...View the full answer

Applying International Financial Reporting Standards

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