Hong Kong Accounting Standard 40
accounting for finance and operating leases and for some of the disclosures relevant to leased investment properties. When a property interest held under an operating lease is classified and accounted for as an investment property, HKAS 40 overrides HKAS 17 by requiring that the lease is accounted for as if it were a finance lease. Paragraphs 14–18 of HKAS 17 apply to the classification of ...
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