> IFRS lease accounting under IFRS 16 (Leases). Covers the lessee single model — every lease (other than the two recognition exemptions) puts a right-of-use asset and a lease liability on the balance sheet, and the expense is ALWAYS front-loaded: depreciation of the ROU asset plus interest on the lease liability, with no operating/finance split for lessees. Covers lease identification, the short-term and low-value-asset exemptions, initial and subsequent measurement, the discount rate, variable lease payments, reassessment and remeasurement triggers, modifications, sale-and-leaseback, the sublease classification rule, and the retained lessor dual model (finance versus operating). Produces recognition conclusions, journal entries, and a reviewer brief. Issued as the IFRS edition of the leases topic; see us-gaap-asc842-leases for the US GAAP edition. MUST load alongside financial-reporting-workflow-base.
Install with
Claude CodeCodexCursorGitHub CopilotGemini CLI
Supported by the Atlas install prompt. Skill-specific requirements vary.
Skill stats
Skills1CategoryGeneralStars0
About this skill
> IFRS lease accounting under IFRS 16 (Leases). Covers the lessee single model — every lease (other than the two recognition exemptions) puts a right-of-use asset and a lease liability on the balance sheet, and the expense is ALWAYS front-loaded: depreciation of the ROU asset plus interest on the lease liability, with no operating/finance split for lessees. Covers lease identification, the short-term and low-value-asset exemptions, initial and subsequent measurement, the discount rate, variable lease payments, reassessment and remeasurement triggers, modifications, sale-and-leaseback, the sublease classification rule, and the retained lessor dual model (finance versus operating). Produces recognition conclusions, journal entries, and a reviewer brief. Issued as the IFRS edition of the leases topic; see us-gaap-asc842-leases for the US GAAP edition. MUST load alongside financial-reporting-workflow-base.
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> IFRS lease accounting under IFRS 16 (Leases). Covers the lessee single model — every lease (other than the two recognition exemptions) puts a right-of-use asset and a lease liability on the balance sheet, and the expense is ALWAYS front-loaded: depreciation of the ROU asset plus interest on the lease liability, with no operating/finance split for lessees. Covers lease identification, the short-term and low-value-asset exemptions, initial and subsequent measurement, the discount rate, variable lease payments, reassessment and remeasurement triggers, modifications, sale-and-leaseback, the sublease classification rule, and the retained lessor dual model (finance versus operating). Produces recognition conclusions, journal entries, and a reviewer brief. Issued as the IFRS edition of the leases topic; see us-gaap-asc842-leases for the US GAAP edition. MUST load alongside financial-reporting-workflow-base.
About this listing
Category
General
Reported license
AGPL-3.0
Listing language (estimated)
English
Review status
Not individually reviewed
Agent compatibility
Atlas installation supports Claude Code, Codex, and Cursor. Skill-specific dependencies and features are checked during setup.
Claude Code
Codex
Cursor
GitHub Copilot
Gemini CLI