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Question · Disclosures by the lessee

The CFO of the Lavande group wishes to add to the lease note two pages describing each significant lease, several items of which already appear in the statement of cash flows and in the note on financial liabilities. The auditor considers this addition of limited use as it stands. Write a reasoned analysis explaining how Lavande should decide which additional information to provide and where to place it.

Your answer

Judgment question: compare your answer with the criteria and the model explanation.

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