Human rights and ROU: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create page. Source: The Treasurer, September 2017, p40.)
 
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''Ethics - governance - international law - international relations.''
''Lease accounting - International Financial Reporting Standard 16 (IFRS 16)''


Human rights are ones that are considered to belong to every person.
In the lease accounting context, ROU means Right of Use.




== See also ==
<span style="color:#4B0082">'''''Operating lessees must report an ROU asset'''''</span>
* [[Business & Human Rights Resource Centre]]
* [[Environmental & Social issues]]
* [[Equality]]
* [[Equality and Human Rights Commission]]
* [[ESG]]
* [[Ethics]]
* [[European Convention on Human Rights]]
* [[Fair trade]]
* [[Governance]]
* [[Human trafficking]]
* [[Inequality]]
* [[International law]]
* [[Mandatory human rights due diligence]]
* [[Modern slavery]]
* [[Public interest]]
* [[Reporting]]
* [[Sanction]]
* [[Self-regulation]]
* [[Stakeholder]]
* [[Sustainability]]
* [[Transparency]]
* [[Uyghur Forced Labor Prevention Act]]  (UFLPA)
* [[UN Guiding Principles on Business and Human Rights]]
* [[UNICEF]]
* [[United Nations]]  (UN)
* [[United Nations Global Compact]]
* [[Universal Declaration of Human Rights]]  (UDHR)


[[Category:Accounting,_tax_and_regulation]]
:"The major change for lessees [under IFRS 16] is that all operating leases must be reported on balance sheet through the creation of a right of use (ROU) asset and corresponding liability.
[[Category:The_business_context]]
 
[[Category:Compliance_and_audit]]
:The ROU asset is calculated based on the present value of future rental cash flows discounted at the rate implicit in the lease or, if this is not available, the incremental borrowing rate, and depreciated over the remaining lease term."
[[Category:Ethics]]
 
[[Category:Identify_and_assess_risks]]
:''The Treasurer magazine, September/October 2017, p40 - Paul Lippitt and Armaghan Haq.''
[[Category:Manage_risks]]
 
[[Category:Risk_frameworks]]
 
[[Category:Risk_reporting]]
==See also==
*[[Finance lease]]
*[[Operating lease]]
*[[IAS 17]]
*[[IFRS 16]]
*[[Lease]]
*[[Debt]]
*[[EBITDA]]
*[[Frozen GAAP]]
*[[Interest cover]]
*[[Net worth]]
*[[Off balance sheet]]

Revision as of 12:40, 1 October 2017

Lease accounting - International Financial Reporting Standard 16 (IFRS 16)

In the lease accounting context, ROU means Right of Use.


Operating lessees must report an ROU asset

"The major change for lessees [under IFRS 16] is that all operating leases must be reported on balance sheet through the creation of a right of use (ROU) asset and corresponding liability.
The ROU asset is calculated based on the present value of future rental cash flows discounted at the rate implicit in the lease or, if this is not available, the incremental borrowing rate, and depreciated over the remaining lease term."
The Treasurer magazine, September/October 2017, p40 - Paul Lippitt and Armaghan Haq.


See also

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