HKFRS/IFRS 16 – Lease – Impact on Valuation and Discounted Cash Flow

2021-01-27T08:11:00+00:00January 27th, 2021|Categories: Business Valuation, Financial Reporting IFRS HKFRS|Tags: , , |

Lessees no longer make a distinction between finance leases and operating leases. All material leases will be treated as finance leases. The lessees will now recognize interest cost and depreciation of the leased asset, rather than operating lease expenses.