000			01633cam a2200313 4500
001			ABS68290
008			040915n2004 000 0 eng u
035			_a(Sirsi) u127406
100			_aBrett, M.
245			_aEither one or the other
260			_c2004
490			_aEstates Gazette _v(0436) 4 September 2004, 117-118(2)
520			_aNew rules may require businesses to differentiate their financial and operating leases. The International Accounting Standards Board's (IASBs) standard IAS17 on leases requiries that lessors and lessees should treat their leases as consisting of the two components: land and building elements. However research by the British Property Federation (BPF) suggests that there may be a workable solution and that a quantitative analysis may be necessary only where there is doubt as to lease classification. Article sets out considered differences between finance and operating leases. Concludes that the IASB has a long-term project to re-examine the treatment of leases and this might abolish the operating/finance lease distinction. The BPF is investigating the implementation of International Accounting Standards. View the BPF initiative at www.bpf.propertymall.com
590			_aABS
590			_aABS
650			_aIAS17
650			_aINTERNATIONAL ACCOUNTING STANDARDS
650			_aOPERATING LEASES
650			_aFINANCE LEASES
650			_aCLASSIFICATION
650			_aVALUATIONS
650			_aACCOUNTS
650			_aLEASES
650			_aLAND
650			_aBUILDINGS
650			_aLISTED COMPANIES
690			_aVALUATION AND INVESTMENT APPRAISAL
942			_n0
999			_c118005 _d118005