Introduction to IFRS 16 Leases - ACCA (SBR) lectures

Introduction to IFRS 16 Leases - ACCA (SBR) lectures
Free ACCA lectures for the Strategic Business Reporting (SBR) Exam
Please go to OpenTuition to download the SBR notes used in this lecture, view all remaining (SBR) lectures, and post questions on the Ask the ACCA SBR Tutor Forums because we do not provide support on youtube comments section.
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[@toddgilbey3979]

This guy should be Sired, IMHO, very clearly and simply explained :)

[@heyjoe91]

Love this guy. He makes is so easy and he has a fun way of presenting.

[@choolwehambulo4949]

Perfect lecture. It just feels like I already knew everything.

[@joarsal4126]

didn't expect this lecture to be this good and easy to understand

[@samuelmehinsan_]

I love His theatrics definitely 💯

[@casiecase12]

Thanks for the lecture. Found it very helpful

[@diyarceylan2433]

It's becoming easier and easier to get out of long leases with CVAs / administrative processes etc. - this (IFRS 16) feels like such a late and unnecessary change..

[@nalianalianalia]

Hi, so at the end of year 4 we would have already 1,500 on DR accruals and 1,500 on CR accruals, which would neither make sense nor show a true picture of business. When and how do we annul accruals against one another? Thanks

[@ibrahimmajid8114]

Dr & Cr balances will simply net off each other, and there will be no accrual balance at the end of year 4.

[@ninsiimamaria2140]

Chris ROCKS

[@amirajulia]

why did the bank need to be credited with $2000 instead of $1500?

[@clivebolandtan]

Julia Amira The actual payment made in yr 2 is €2000 (bank) but we only recognise 1500 in the p&L

[@jmakaza2936]

rent payment is 2000 from year 2 doing 3 payments of 2000 for 3 years, =6000. first year is free/

[@mohmmadabdeen]

Hi
Could you please feedback about the following case:
We have lease contact with 5 years
We are on 3rd year and the owner gives discount SR 500,000(half year)
what the right accounting treatment for this discount?

[@songscokestudiohollywoodbo4639]

same problem with us .... and accounts stuck due to same

[@mahaimtiaz947]

Ask on the opentuition acca askatutor forum

[@DiaryofaSAGwithGOD]

Chris never listens why😂?

[@opentuition]

Our tutors do not monitor posts here, but they always answer questions asked in the Ask the Tutor Forums on our free website :-)

[@DiaryofaSAGwithGOD]

@@opentuition oh no. I was referring to him asking for a part to be edited off video. 👍🏾 Thank you