BLM11000 - Lease accounting: Lease classification: contents

This manual is being updated to reflect FRS 102 (2024 amendments). For guidance on the tax treatment of accounts prepared under IFRS 16 or the revised FRS 102, please refer to pages within the BLM50000 chapter.

  1. BLM11005
    Introduction to detail
  2. BLM11010
    Minimum lease payments
  3. BLM11015
    The term of a lease
  4. BLM11020
    ‘Fair value’
  5. BLM11025
    Residual values and guarantees
  6. BLM11030
    Inception and commencement
  7. BLM11200
    Defining finance leases
  8. BLM11210
    Meaning of ‘present value’
  9. BLM11215
    Defining operating leases
  10. BLM11220
    Independent approach
  11. BLM11230
    Practical issues with borderline issues
  12. BLM11235
    Importance of borderline issues
  13. BLM11240
    Practical indicators