IAS 17 provides for capitalization of leases where the lease transfers substantially all of the risks and rewards incidents to the ownership of the property to the lessee. In such cases, the lessee records the lease as an assets and a corresponding liability. The lease treats the transactions will treat his investment “lease payments receivable” instead of “Leased asset”.
Risks include the losses due to idle capacity or obsolescence. Rewards mean the benefits associated with the ownership of property. For example profitable operation over the realization of the residual value.
The criteria to determine when the risks and rewards are transferred have been set out in paragraphs 8 and9of the IAS 17.
IQ FINANCE PLC provides a full financial planning service to both the commercial and domestic markets. At IQ FINANCE PLC we believe that financial planning is about two things: creating wealth and protecting wealth. These two objectives are at the heart of everything we do. And, as a member of IQ FINANCE Services, we give you a small-company service but with a large-company set up – the best of both worlds.
ReplyDeleteYou are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc. Our terms and Conditions are reasonable.
Leasing Price : 4%+1%
Buying Price: 32%+2%
Contact us for more details on our terms and procedure of transaction.
Jamesolsen Terrazas
email : info.iqfinanceplc@gmail.com
skype: cpt_young1
IQ FINANCE PLC provides a full financial planning service to both the commercial and domestic markets. At IQ FINANCE PLC we believe that financial planning is about two things: creating wealth and protecting wealth. These two objectives are at the heart of everything we do. And, as a member of IQ FINANCE Services, we give you a small-company service but with a large-company set up – the best of both worlds.
ReplyDeleteYou are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc. Our terms and Conditions are reasonable.
Leasing Price : 4%+1%
Buying Price: 32%+2%
Contact us for more details on our terms and procedure of transaction.
Jamesolsen Terrazas
email : info.iqfinanceplc@gmail.com
skype: cpt_young1
IQ FINANCE PLC provides a full financial planning service to both the commercial and domestic markets. At IQ FINANCE PLC we believe that financial planning is about two things: creating wealth and protecting wealth. These two objectives are at the heart of everything we do. And, as a member of IQ FINANCE Services, we give you a small-company service but with a large-company set up – the best of both worlds.
ReplyDeleteYou are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc. Our terms and Conditions are reasonable.
Leasing Price : 4%+1%
Buying Price: 32%+2%
Contact us for more details on our terms and procedure of transaction.
Jamesolsen Terrazas
email : info.iqfinanceplc@gmail.com
skype: cpt_young1
IQ FINANCE PLC provides a full financial planning service to both the commercial and domestic markets. At IQ FINANCE PLC we believe that financial planning is about two things: creating wealth and protecting wealth. These two objectives are at the heart of everything we do. And, as a member of IQ FINANCE Services, we give you a small-company service but with a large-company set up – the best of both worlds.
ReplyDeleteYou are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc. Our terms and Conditions are reasonable.
Leasing Price : 4%+1%
Buying Price: 32%+2%
Contact us for more details on our terms and procedure of transaction.
Jamesolsen Terrazas
email : info.iqfinanceplc@gmail.com
skype: cpt_young1
IQ FINANCE PLC provides a full financial planning service to both the commercial and domestic markets. At IQ FINANCE PLC we believe that financial planning is about two things: creating wealth and protecting wealth. These two objectives are at the heart of everything we do. And, as a member of IQ FINANCE Services, we give you a small-company service but with a large-company set up – the best of both worlds.
ReplyDeleteYou are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc. Our terms and Conditions are reasonable.
Leasing Price : 4%+1%
Buying Price: 32%+2%
Contact us for more details on our terms and procedure of transaction.
Jamesolsen Terrazas
email : info.iqfinanceplc@gmail.com
skype: cpt_young1
IQ FINANCE PLC provides a full financial planning service to both the commercial and domestic markets. At IQ FINANCE PLC we believe that financial planning is about two things: creating wealth and protecting wealth. These two objectives are at the heart of everything we do. And, as a member of IQ FINANCE Services, we give you a small-company service but with a large-company set up – the best of both worlds.
ReplyDeleteYou are at liberty to engage our leased facilities into trade programs as well as in signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges and any other turnkey project(s) etc. Our terms and Conditions are reasonable.
Leasing Price : 4%+1%
Buying Price: 32%+2%
Contact us for more details on our terms and procedure of transaction.
Jamesolsen Terrazas
email : info.iqfinanceplc@gmail.com
skype: cpt_young1