The transfers of the Ownership at
end of lease Written option for exchange the purchase Ninety % of leased property
FV < PV or lease payments Seventy-five % or more of asset economic life is
being committed in lease term, Under IFRS, initial direct costs of the lease
paid by the lessee are added up to the amount known as a finance lease asset that’s
the reason why the amount of the lease asset and lease obligation to be
different.
