IndigoLearn

Forums

Back

AS 19

Accountancy

If a question does not specifically mention whether the lease agreement is financial or operating ( or does not even satisfy any of the conditioyn which make them financial or operating lease). What will we assume it to be?

Sagar Kathuria

CA Final

★ 3K+

06-Sep-24 11:50

160

Answers (3)

I think we will assume it as operating lease.

Nakul Dixit

CA Final

★ 4K+

06-Sep-24 19:32

Okayy... Thanks

Thread Starter

Sagar Kathuria

CA Final

★ 3K+

07-Sep-24 19:37

If conditions not satisfied, than operating lease.

CA Suraj Lakhotia

Admin

09-Sep-24 15:38

Your Reply

IndigoLearn

Helping students crack CA, CFA & ACCA since 2017. 14,000+ students have trusted us for the best CA,CFA, ACCA online classes. Learn from the best CA, CFA faculty, access top-quality content and clear your exams with confidence

IndigoLearn

AS 19

Your Reply

Company

Information

Offerings