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Complete This Table Identifying the Key Differences Between IFRS and ASPE

Question 86

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Complete this table identifying the key differences between IFRS and ASPE standards for leasing.
 ISSUE  IFRS  ASPE  Lease capitalization criteria-lessee  Lease capitalization criteria-lessor  Lessor’s classification of finance (capital) leases  Lessee’s discount rate for present value calculations \begin{array} { | l | l | l |} \hline { \text { ISSUE } } & \text { IFRS } & \text { ASPE } \\\hline \text { Lease capitalization criteria-lessee } & & \\\hline \text { Lease capitalization criteria-lessor } & & \\\hline \text { Lessor's classification of finance (capital) leases } & & \\\hline \text { Lessee's discount rate for present value calculations } & & \\\hline\end{array}

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