ISO 9001 Certified in Valuation Advisory
ISO 9001 Certified in Valuation Advisory
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.
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
