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IFRS 16 Additional Disclosures

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IFRS 16 additional disclosures
A right-of-use or capital lease has similar disclosures as in the standards for long-term liabilities and some additional disclosures. What are the additional disclosures?


Definitions:

CISG

Stands for the United Nations Convention on Contracts for the International Sale of Goods, a treaty that offers a uniform international sales law.

Perfect Tender Rule

A standard that requires the seller to deliver goods in conformity with the terms of the contract, without any defects or deviations.

Cure

The act of correcting a breach of contract or rectifying a defective performance within a specified period.

Anticipatory Repudiation

A contractual party's indication, before their due performance time, that they will not fulfill their contractual obligations.

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