Friday, April 28, 2017

Moving the blog


I am moving this blog to the company web site, www.ezlease.net/blogs. When I started this blog, our web site couldn't run a blog, but updates have made that possible, and it seems better to have everything in one place.


I will leave the existing posts here, but all future posts will only be at the blog on our web site. Please join me there!
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2 comments:

  1. Faisal AccountingsOctober 18, 2017 at 2:30 AM

    Very nice blog Kelvin.
    I am a student of accounting as well and this is what I wrote about it.
    Read about it here:
    http://accountingexamples.com/classification-of-lease-2/

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    Replies
    1. Kelvin SmithOctober 19, 2017 at 8:13 AM

      Your description of accounting for leases is relevant to IAS 17, but not to IFRS 16, the new standard, which replaces the "risks and rewards of ownership" conceptual model with a "right of use" model. See https://financialcomputer.blogspot.com/2015/12/overview-of-new-standard.html for a more detailed description.

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