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IFRS 16: Knowing your leases 101
Welcome to the first in our series of IFRS 16 ‘101’ blogs, aimed at guiding you through the preparation required to successfully transition to IFRS 16 lease accounting in time for 1st April 2022. In this blog, we focus on the importance of extracting…
Are you ready for the IFRS 16 Public Sector deadline?
Setting the scene If you are reading this it is likely that IFRS 16 has become a hot topic within your organisation, so naturally you will be aware of the notable change to lease accounting practices, that is about to occur within the public sector a…
IAS 17 and IFRS 16 – the importance of dual reporting
The new era of lease accounting is in full force with the introduction of IFRS 16 in early 2019, superseding the previously engrained guidelines of IAS 17. With that comes a shift in business reporting, but the way businesses report cannot completely…
Why New Accounting Standards Will Force Real Estate to Get Strategic
New accounting standards will see real estate leases take on an unprecedented significance for company finances, shining a spotlight on the business’s property management technology For real estate professionals negotiating and signing new leases, life is about to get significantly more complicated. From January 2019, the introduction by the International Accounting Standards Board of IFRS … Continued