《ACCT2016 S1 2016 Week 5 Leases 6pp》.pdfVIP

2/04/2012 Accounting for Leases Objective Scope of AASB 117 Week 5 Exclusions However, AASB 117 does not apply as the basis of measurement for the following leased assets: [AASB 117.2] - property held by lessees that is accounted for as investment property for which ACCT 2011 Financial Accounting A the lessee uses the fair value model set out in AASB 140 - investment property provided by lessors under operating leases (AASB 140) - biological assets held by lessees under finance leases (AASB 141) BUSINESS SCHOOL - biological assets provided by lessors under operating leases (AASB 141) 4