IND AS 116: Leases

Last updated: 10 December 2024

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This document provides a detailed overview of Indian Accounting Standard (Ind AS) 116, focusing on lease accounting. It covers the scope, definition, and key concepts of leases, including the right-of-use model, lease term determination, and lease payments. The guide also explains the accounting treatment for lessees and lessors, lease modifications, and transition approaches. It is particularly useful for accounting professionals, finance managers, and students seeking to understand lease accounting under Ind AS 116.

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Lease workings #pdf

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Submitted by PRAKASH · Posted 10 December 2024 · Other files by PRAKASH · Report

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