Thank you for your response, is that mentioned somewhere in IFRS 16? I couldn't find it.
Search found 5 matches
- 28 Jun 2022, 12:25
- Forum: IFRS-related topics
- Topic: Accounting By Sublessee
- Replies: 3
- Views: 1652
- 27 Jun 2022, 16:59
- Forum: IFRS-related topics
- Topic: Accounting By Sublessee
- Replies: 3
- Views: 1652
Accounting By Sublessee
Hi everyone,
I hope all is well.
We have a land lease where we are the sublessee and the one giving us the land is the sublessor (not the original landlord). How do we account for it under IFRS 16?
Thank you in advance.
I hope all is well.
We have a land lease where we are the sublessee and the one giving us the land is the sublessor (not the original landlord). How do we account for it under IFRS 16?
Thank you in advance.
- 01 Jun 2022, 22:35
- Forum: IFRS-related topics
- Topic: Shares in Affiliated Companies in Foreign Currency
- Replies: 6
- Views: 2218
Re: Shares in Affiliated Companies in Foreign Currency
Thank you for your reply, do you know if it should be measured at fair value or cost? because I'm not sure about this part also.Leo wrote: ↑01 Jun 2022, 18:04 Hi,
It's no monetary, so, only at historical costs :
https://www.cpdbox.com/monetary-non-monetary/
- 01 Jun 2022, 22:34
- Forum: IFRS-related topics
- Topic: Shares in Affiliated Companies in Foreign Currency
- Replies: 6
- Views: 2218
Re: Shares in Affiliated Companies in Foreign Currency
is the functional currency of C and D relevant? are you saying the purchase of shares in C and D, by B, was denominated in a currency other than B's reporting currency? Hey! Thank you for your reply. Yes, the purchase was in was denominated in a currency other than B's reporting currency. Also, to ...
- 01 Jun 2022, 17:47
- Forum: IFRS-related topics
- Topic: Shares in Affiliated Companies in Foreign Currency
- Replies: 6
- Views: 2218
Shares in Affiliated Companies in Foreign Currency
Hello, I hope you're doing great. I have a question regarding accounting under IFRS, and I don't have that much of experience with it. The case is like this: Company Y is a parent and all of its subsidiaries are fully consolidated. One of its subsidiaries (Entity B) holds 100% of shares of two of th...