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Tag Archives: IFRS 16; leases; lodging

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UP-TO-DATE: Keeping you informed of business today

Articles, DevelopBy Andre van der MerweMarch 2, 2016

ACCOUNTING INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRSs) Have you considered the impact of the new Leases Standard? IFRS 16, Leases, has been published and will replace the existing Leases Standard and related Interpretations. IFRS 16 will require all leases to be reported on a lessee’s statement of financial position as a right of use asset and…

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