Accounting for leasing and asset finance
Accounting for leasing and asset finance is a specialist area that requires expertise and an understanding of the sector. On this page you can access a range of articles, books and online resources providing quick links to Statements of Recommended Practice, guidance and news.
What's on this page?
- Statements of Recommended Practice
- Useful links
- Online articles
- Books and articles from the library
Statements of Recommended Practice
Statements of Recommended Practice (SORPs) relating to leasing and asset finance are issued by the Finance and Leasing Association (FLA).
Full text sources for the SORP and associated guidance
The SORP ('Accounting issues in the asset finance and leasing industry') issued by the Finance and Leasing Association in April 2000 has been withdrawn. Updated guidance is anticipated following the publication of the new lease accounting standard.
Financial Services Faculty
The faculty provides practical support to chartered accountants within the sector. It offers news updates, technical guidance and publications, as well as conferences and seminars.
The 2012 edition of Leaseurope and KPMG's guide to leasing markets across Europe with information on the legal, accounting and taxation framework in 32 countries.
Leasing in Ireland: Crossing borders
Guide published by Deloitte in 2012. Topics include:
- leasing law and regulation in Ireland
- accounting for leases under Irish GAAP
- IFRS and local GAAP comparison
- taxation of leases.
Memorandum of comment to the Finance and Leasing Association (FLA) on the exposure draft of a statement of recommended practice (SORP) on accounting issues in the asset finance and leasing industry
Representation document dated 31 July 1998 and published by the ICAEW as Technical Release TECH 17/98.
Articles are available to logged-in ICAEW members, ACA students and other entitled users.
Articles and books in the Library collection
To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.
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