What will IFRS 16 mean for 2019’s reporting season?
John Kuett | May 13, 2019
In early 2016, the International Accounting Standards Board released the new lease accounting standard, IFRS 16, in an effort to increase transparency around the state of a corporation’s lease liabilities. Since then, CFOs and treasurers have invested a considerable amount of time and resources into becoming compliant when this new standard was implemented … 2019’s quarterly and half year results will mark the first time that most companies have had to disclose their operating leases for the previous standard on their balance sheets. But what does this mean for reporting season?
Read the full article in AccountingAge.