30

indonesian institute of accountants

accounting for leases
this is an unofficial publication of iai ( indonesia institute of accountants),
if there is any inconsistency between indonesian and english version of the sfas, the user of
sfas should follow the indonesian version as the official publication of the institute.
jakarta, 7 september 1997

national council
indonesian institute of accountants

indonesian accounting principles committee

accounting for leases sfas no.30

contents

paragraphs

introduction
statement of financial accounting standards no 30
accounting for leases
effective date
appendix : problems and developments of accounting for lease transactions
accounting for leases sfas no. 30

chapter i

introduction
1. background
leasing
leaseregular rental
finance leasesoperating leases
2. types of leases
2.1 finance leases
2.2 operating lease

2.3 sales-type leases

2.4 leveraged leases
3. execution of the lease transaction
3.1 direct leases
3.2 sale and leaseback
4. syndicated lease
accounting for leases sfas no. 30

chapter ii

accounting for leases

basic considerations

2. purpose
accounting for leases sfas no. 30

3. criteria for classifying lease transactions

4. accounting treatment by the lessor
4.1 finance lease
4.2 operating lease
5. accounting treatment of lessee
5.1 capital lease

5.2 operating lease

6. reporting and disclosure of lease transactions by the lessor
6.1 finance lease
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6.2 operating lease

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7. reporting and disclosure of lease transactions by the lessee
7.1 capital lease
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7.2 operating lease
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accounting for leases sfas no. 30

chapter iii

effective date
accounting for leases sfas no. 30

appendix : issues and developments related to accounting for lease transactions

1. director general of monetary affairs circular letter no. se-499/md/1984

2. exposure draft of indonesian accounting principle (pai) 1983
direct financing leassales type lease”operating lease”
capital lease
operating leases
 accounting for leases sfas no. 30

direct financing lease

sales-type lease
operating lease
3. international accounting standard (ias) 17
3.1 classification of leases

3.2 accounting for leases in lessor’s financial statements

3.3 accounting for leases in the financial statement of the lessees
4. statement of financial accounting standard (sfas) no.13
4.1 criteria for classifying leases

4.2 accounting for leases in the lessor’s financial statements

4.3 accounting for leases in the lessee’s financial statements