banner_ad

IND AS 109

CA Final 291 views 4 replies
Hi friends I have doubt in Ind AS 109 , why leased assets are not considered as financial instruments?? Thank you in advance.
Replies (4)
financial instruments specifically exclude financial lease

Any tangible or intangible assets are not covered by Financial Instruments (or Financial Assets definition). There are different standards that measure those assets (including PPE, Intangible Assets / Leased Assets).

For lease there is a separate standard in international accounting standard as well as in IAS as. I.e ind as 117
So lease is dealt by ind AS 117 not 109


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details