Unearned finance income is the difference between:
- the gross investment in the lease, and
- the net investment in the lease.
Unearned finance income is specifically discussed in IAS 17 Leases.
Source: Glossary of Terms of IFRSs as at 31 December 2008.
Unearned finance income is the difference between:
Unearned finance income is specifically discussed in IAS 17 Leases.
Source: Glossary of Terms of IFRSs as at 31 December 2008.
