Public Works Iberica, S.A.

English , Spanish

  • Reference: F-814-E

  • Number of pages: 7

  • Publication Date: Apr 29, 2011

  • Source: IESE (España)

  • Type of Document: Case

Grouped product items
Format Language Reference Use Qty Price Preview
pdf English F-814-E
As low as €8.20

You already have a subscription

To order please contact the person in charge of academic purchases in your university.
You'll be able to order once your profile has been validated.


This case is intended to help students understand the differences between finance leases and operating leases, by looking at the regulations laid out in the IFRS, specifically in Standard 17, with respect to leases. It introduces a series of questions that students must answer: Can operational leasing be applied to all types of machinery? What types of entities can engage in operational leasing and therefore assume high levels of residual value risk? What is the role of auditors in the interpretation of IFRS? What position do the banks take?


Financial instruments Industry analysis Top management