Briefly describe the disclosure requirements for the lessee and the lessors according to AASB 16/IFRS 16.

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Financial Reporting

ISBN: 9780730396413

4th Edition

Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes

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Question Posted: Apr 06, 2024 01:01 AM

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Briefly describe the disclosure requirements for the lessee and the lessors according to AASB 16/IFRS 16.

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The disclosure requirements related to lessees are based on the general principle stated in paragraph 51 of AASB 16IFRS 16 that the lessee should prov...View the full answer

Financial Reporting

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