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AS 19 Finance lease disclosures

Accountancy

I didn't understand point (a) and subpoints of point (b) Video Details ------------- P1 - Accounting Standards - CA Inter AS 19 #24. Disclosures

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Nagachaitanya Nomula

Nagachaitanya Nomula

CA Inter

8K+

13-Oct-24 16:09

120

Answers (1)

Best Answer

a)Disclose Gross Investment in Lease and show the computation of present value of MLP. Basically discount Gross Lease Rentals and show calculation of PV of MLP b) It is an ageing analysis. Like how much will be received in the next 1 year and so on. Both in Gross Terms and PV terms.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

14-Oct-24 11:40

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