This video shows how the lessee should account for a lease under IFRS 16 when the expected residual value of the asset is higher than the guaranteed residual value.
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Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD.
Edspira’s mission is to make a high-quality business education accessible to all people.
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SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS
* http://eepurl.com/dIaa5z
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LISTEN TO THE SCHEME PODCAST
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