LEASES
Prescribed study material
• Chapter on leases in Descriptive Accounting, 20th
edition
• IFRS 16 Leases.
• IFRS 16 is examinable at level 3 except for lease modifications
(paragraphs 44-46 and 79-80) that is examinable at level 1.
• Circular 12/06 Operating leases (lessors only).
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