Accounting 問題: Lease Obligations, long term debt and equity

Lease Obligations
咁lease有二種，一種係operating/financing

咁這個都係指finance lease
如果lease 有以下的其中一點，就可以當做Financial lease

The followind situation are identified as among those that would normally indicate that a lease is a finance leas:
a. the lease transfers ownership of the asset to the lessee by the end of the lease term
b. the lessee has the option to purchase the asset at a price that is expected to be sufficiently lower that the fair calue at the date the option becomes exercisable for it to be reasonably certain, at the inception of the lease, that the option will be exercised.
C.the lease term is greater than 75% of the asset's estimated useful life
the lease contains a bargain purchase option to buy the equipment less than fair market value.
d.the present value of the lease payments exceeds 90% of the total original cost of the equipment.

e. the leased assets are of such a specialised nature that only the lessee can use the without major modifications.

lease term 期間， under finance Lease未給錢那部份，就係 Lease Obligations

Long Term Debt 係指借錢，多過一年

Equity 資本
retained profit / ordinary shares capital /preference shares capital/ debtures

其次，
http://www.hkicpa.org.hk/ebook/main.php


圖片參考：http://www.hkicpa.org.hk/ebook/dmmenu/books/images/tree_buch.gif
Volume II Financial Reporting Standards

圖片參考：http://www.hkicpa.org.hk/ebook/dmmenu/books/images/node.gif
HKAS 17 Leases

圖片參考：http://www.hkicpa.org.hk/ebook/dmmenu/books/images/node.gif
HKAS 23 (Revised) Borrowing Costs

圖片參考：http://www.hkicpa.org.hk/ebook/dmmenu/books/images/node.gif
HKFRS 7 Financial Instruments: Disclosures

都可以參考