Incremental Borrowing Rate HKFRS 16 (IBR)

2022-01-18T04:55:42+00:00June 20th, 2019|Categories: Financial Reporting IFRS HKFRS, News, Valtech Insights|Tags: , , |

Incremental borrowing rate is defined under HKFRS 9 as the rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use asset in a similar economic environment.

HKFRS 16 / IFRS 16 Valuation Support for Lease

2019-03-06T12:12:33+00:00March 6th, 2019|Categories: Financial Reporting IFRS HKFRS, News|Tags: , , |

Background of Lease - Updates Its specifies how a company will recognise, measure, present and disclose leases. The standard provides a single lessee accounting model, requiring lessees to recognise assets and liabilities for all leases unless the lease term is 12 months or less or the underlying asset has a low value. IFRS 16 was

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