Lease Accounting – FRS 17 Versus FRS 116

Lessee Accounting Treatment under FRS 17 The FRS 17 Leases must be complied with in accounting for leases. This standard includes the accounting requirement for operating and finance leases and other related agreements such as property leases and sale and leaseback...

IFRS for SMEs modules – Supporting materials

The International Financial Reporting Standards (IFRS) is developing stand-alone modules, one for each section of the 2015 version of the IFRS for SMEs Standard. It has released the first three of 35 stand-alone modules which provide support to anyone learning about,...