Issuer and ROU: Difference between pages

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imported>Doug Williamson
(Add second definition. Source: The Treasurer, online, What is Secure Customer Authentication? June 2019.)
 
imported>Doug Williamson
(Create page. Source: The Treasurer, September 2017, p40.)
 
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1. ''Borrowing.''
''Lease accounting - International Financial Reporting Standard 16 (IFRS 16)''


In the borrowing context, a borrower is a company or other entity that borrows or raises capital via the financial markets through the issuance of securities.
In the lease accounting context, ROU means Right of Use.




2. ''Credit and debit cards.''
<span style="color:#4B0082">'''''Operating lessees must report an ROU asset'''''</span>


A card issuer is any financial institution that issues, or causes to be issued, credit cards or debit cards.
:"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."


== See also ==
:''The Treasurer magazine, September/October 2017, p40 - Paul Lippitt and Armaghan Haq.''
* [[Bond mandate]]
* [[Credit card]]
* [[Debit card]]
* [[Foreign Private Issuer]]
* [[Seasoned issuer]]
* [[Securitisation Regulation]]
* [[Security]]


[[Category:Accounting,_tax_and_regulation]]
 
[[Category:Cash_management]]
==See also==
[[Category:Financial_products_and_markets]]
*[[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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