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Accounting for Manufacturer & Dealer Lessor under IFRS 16 Leases by @LuqmanRafiq IFRS 16 Leases prescribes accounting for both Lessee and the Lessor. In accordance with IFRS 16, While accounting for Lessors, there is a specific concept of the accounting for Manufacturer and Dealer Lessor. The lessor under such agreements recognizes sales at the lower of fair value of the asset or the present value of minimum lease payments. The asset is transferred to cost of goods sold as the carrying amount less the present value of guranteed residual value. This video explains accounting in the book of lessor for the sales made under the above arrangements. Visit our website: www.escribiracademy.com Email : luqman@escribiracademy.com Whatsapp Escribir: https://wa.me/923458287222 IFRS 16 Lease Accounting IFRS 16 Standard Lease Accounting Guidelines IFRS 16 Implementation IFRS 16 Compliance IFRS 16 Changes Lease Accounting Rules Lease Liability Calculation IFRS 16 Transition Lease Accounting Software IFRS 16 Impact Lease Classification IFRS 16 IFRS 16 Training IFRS 16 Disclosure Requirements Operating Lease vs. Finance Lease IFRS 16 Reporting Lease Accounting Solutions IFRS 16 Workshop Lease Accounting Updates IFRS 16 Leases Explained