Under ASPE, any initial loss arising from a sale leaseback arrangement must be recognized immediately..

Name: Under ASPE, any initial loss arising from a sale leaseback arrangement must be recognized immediately..
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Under ASPE (Accounting Standards for Private Enterprises) in Canada, an initial loss from a sale leaseback transaction is deferred and amortized over the lease term, rather than being recognized immediately.

Under ASPE, Any Initial Loss Arising from a Sale Leaseback