Additional disclosures for leases

Learning objectives

• Identify the additional disclosures relating to leases (right-of-use asset held as investment property).L2, L3

Normative references

• IAS 40 §74The IAS 40 disclosures are in addition to those in IFRS 16: the owner provides the lessor disclosures about its leases; a lessee that holds investment property as a right-of-use asset provides the lessee disclosures and, for any operating leases it grants, the lessor disclosures.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

1 question

• An entity holds right-of-use assets meeting the definition of investment property. Which statement about disclosures is correct?L2