08-18-2009, 01:24 AM
Dear Mr. Kamran
Thanx to spend time with me.
I agree.. it is finance lease
I fact i never refused,(except first time, i bluntly said no it isnt finance lease, I had intentions behind that,which were not negative. I just wanted to had a discussion. My knowledge has definitly been increased by your pursuasive comments.
One thing to mention,(and I guess you wouldn't again pay attention to it. but hope against hope.)
Let me know only one thing,( i already surrendered as it would be time wasting for you and the readers as well, they will get nothing out of it but will be confused definitly.)
Please tell me one thing and i am finished
Do you believe/understand transfer of RRs is an overriding condition for the lease to be classified as an finance lease, or not? (as i quoted this from "Gripping IFRS")
Do you believe/ understand the 8 liner critaria is not conclusive or not? as it is also written in Para 12.
Yes, I agree it is finance lease, because substantial RRs have been transfered..
Yes, I agree ( and I never ever said before though you quoted me wrongly several times) to pass the title is not compulsory for the lease to be classified as finance lease.
I am sorry if have wasted any of your time or of the readers, intentions were good though
Regards
Waqas Shabbir
Do
Thanx to spend time with me.
I agree.. it is finance lease
I fact i never refused,(except first time, i bluntly said no it isnt finance lease, I had intentions behind that,which were not negative. I just wanted to had a discussion. My knowledge has definitly been increased by your pursuasive comments.
One thing to mention,(and I guess you wouldn't again pay attention to it. but hope against hope.)
Let me know only one thing,( i already surrendered as it would be time wasting for you and the readers as well, they will get nothing out of it but will be confused definitly.)
Please tell me one thing and i am finished
Do you believe/understand transfer of RRs is an overriding condition for the lease to be classified as an finance lease, or not? (as i quoted this from "Gripping IFRS")
Do you believe/ understand the 8 liner critaria is not conclusive or not? as it is also written in Para 12.
Yes, I agree it is finance lease, because substantial RRs have been transfered..
Yes, I agree ( and I never ever said before though you quoted me wrongly several times) to pass the title is not compulsory for the lease to be classified as finance lease.
I am sorry if have wasted any of your time or of the readers, intentions were good though
Regards
Waqas Shabbir
Do
