Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
READ MORENew accounting standard a “double whammy”
Accountants will face a “double whammy” in dealing with the upcoming IFRS 16 new accounting standard as they navigate the new balance sheet requirements and dealing with capital needs.
The IFRS 16 Leases, issued by the International Accounting Standards Board (IASB), will be effective from 1 January 2019, requiring companies to bring most leases ‘on-balance sheet’, recognising assets and liabilities for the rights and obligations created by leases.
Read the full article on Accountants Daily.
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