LESSEE ACCOUNTING - LEASE PAYMENTS MADE IN ARREARS (IFRS 16)

This is a tutorial video to illustrate how to account for a situation where lease payments are made in arrears (or at the year-end) in the financial statements of the lessee. I also demonstrate how the annuity concept can be employed as a short method to arrive at the initial lease liability.

[@PraiseHYMN725]

You are a great tutor. Teaching is inherent in you

[@ananyajain6329]

sir you are both incredibly intelligent and handsome, u made the topic effortless thank youu

[@fb-ty6xy]

Great work because I was lost but now I see the light at the end of the tunnel..🙏🙏🙏

[@anthonyparry2852]

Great lecture. You make lease accounting very easy to understand. Thank you very much 🙏🏻

[@omaryothman8774]

Very excellent presentation, this has made so easy for me.

[@georgesaccountingtutorials]

Thanks for patronizing my channel, Othman. I'm glad my tutorial video was helpful to you.

[@michaellaminpieh4049]

I really enjoyed your lectures, thank you

[@kittypoodle5844]

This video is a lyf saver. .!! Thanks Sir 😊

[@EKWUTOSIAJIBO-ru9bg]

Thank you very much sir

[@DaveUlan-g1x]

Thanks boss

[@constitutiondiarieswithdav6529]

Good work sir👍

[@georgesaccountingtutorials]

Thanks 👍

[@bokakamal9586]

Thank you

[@hillsongcovers2173]

This is awesome but will be a lot better if only you could get a white board for subsequent classes. What do you think please???

[@georgesaccountingtutorials]

Thank you.
White board as in physical board?

[@hillsongcovers2173]

@@georgesaccountingtutorials Exactly, just like FOG and AE Tutorials. It is more engaging and much more dignifying. Pls your email?

[@georgesaccountingtutorials]

@@hillsongcovers2173 [e-mail]

[@christiancobbinah9296]

Great work

[@georgesaccountingtutorials]

Thanks

[@MS-wd8um]

Can you provide the financial statement treatment of the year 2027(10th year)?

[@gamilaadam5133]

Thanks good job GBU

[@gangadaranramalingam5107]

Brilliant

[@michaellaminpieh4049]

Please Mr George I need lectures on IAS 16, 36, 23, 38, 40 and IFRS 15, 5

[@shernzmekadifference7636]

Understand

[@chirawurahjonas1289]

Nobody did justice to lease(IFRS16)like you,

[@vincentattieh2593]

Thank you sir. Can you please explain how you would record the journal entries at initial recognition? i can't seem to balance Db and Cr

[@patrickangmor1195]

Please you didn’t give the annuity formula

[@christiancobbinah9296]

Great work

[@georgesaccountingtutorials]

Thank you so much 😀