IBR: Difference between revisions
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imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Update. Source: The Treasurer, Feb 2018, p36.) |
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''Financial reporting'' | ''Financial reporting''. | ||
Incremental Borrowing Rate, in relation to IFRS 16, Leases. | Incremental Borrowing Rate, in relation to IFRS 16, Leases. | ||
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*Over a term similar to the lease term | *Over a term similar to the lease term | ||
*With a similar security | *With a similar security | ||
When the interest rate implicit in the lease cannot be determined, the IBR shall be used instead, to discount the related lease liabilities and assets for financial reporting under IFRS 16. | |||
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*[[DIA]] | *[[DIA]] | ||
*[[Internal rate of return]] | *[[Internal rate of return]] | ||
*[[ | *[[Interest rate implicit in a lease]] | ||
*[[RV]] | *[[RV]] | ||
Revision as of 19:35, 3 February 2018
Financial reporting.
Incremental Borrowing Rate, in relation to IFRS 16, Leases.
The incremental borrowing rate is the rate the lessee would pay to borrow:
- Over a term similar to the lease term
- With a similar security
When the interest rate implicit in the lease cannot be determined, the IBR shall be used instead, to discount the related lease liabilities and assets for financial reporting under IFRS 16.
