Jul 07, 2017: The leasing industry has been warning for years that IFRS16 will have unwanted side effects on the market and it is now becoming clearer what they are. Despite all the efforts and reassurances by the IASB that comparability, reliability and rele...

 

Apr 12, 2017: The European Financial Reporting Advisory Group (EFRAG) has issued a positive statement on IFRS 16, the new lease accounting standard. ...

 

Mar 14, 2017: The International Financial Reporting Standard (IFRS) 16 new lease accounting standard is applicable from 1 January 2019 by listed companies, financial institutions and those entities that are group companies of listed or financial institutions or ...

 

Feb 28, 2017: LeaseAccelerator has revealed that two-thirds of large companies are finding the new lease accounting standards more complex than anticipated. ...

 

Jan 23, 2017: With the release in January 2016 of IFRS 16 leases companies reporting in accordance with International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB) – and for the European Union (EU) after adop...

 

Jan 04, 2017: With the release in January 2016 of International Financial Reporting Standard (IFRS) 16 Leases, the International Accounting Standards Board (IASB) introduced a 'shortcut' method of accounting for assets with low value. ...

 

Nov 30, 2016: This article is intended to alert you, not to give you a comfortable feeling. Most people do not like to get an uncomfortable feeling and skip reading articles like this one. ...

 

Nov 14, 2016: International Financial Reporting Standard (IFRS) 16 Leases was issued in mid-January 2016 – May I ask what you have been doing since then? Were you informed by an eager auditor, a leasing association or did you only notice when extra funds were r...

 

Sep 27, 2016: Despite specific guidelines on disclosures in the International Financial Reporting Standard IFRS 16 Leases, quite a number of industry players are struggling how to tell the financial world about the disclosed information. ...

 

Aug 10, 2016: UK’s HM Revenue & Customs is considering whether to take advantage of the introduction of IFRS 16 in the UK and bring in a new regime for the tax treatment of leases of plant and machinery. It has launched a consultation on the changes to tax ...