08-16-2009, 06:35 PM
First i want to make you one think clear. in this standard most of the words has two definitions.
one from the view point of lessee. To explain how the lessee account for the lease
and from the viewpoint of lessor. To explain how the lesser should account for the lease.
Initial direct cost for the lessee means
costs directly attributable to negotiating and arranging a lease paid by the lessee.
one from the view point of lessee. To explain how the lessee account for the lease
and from the viewpoint of lessor. To explain how the lesser should account for the lease.
Initial direct cost for the lessee means
costs directly attributable to negotiating and arranging a lease paid by the lessee.
