Tagged With "IFRS"

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How Many Leases Do You Have?

Art Post · 3/5/188:55 PM

By 1 January 2019, public companies will be expected to comply with ASC 842 and IFRS 16, the two new standards that will impact lease accounting. These rules are changing how firms recognize, measure, and disclose operating leases, and how they report them on corporate balance sheets. As CFOs prepare their companies for the new standards, one of the biggest operational challenges is understanding how many leases they hold. It seems straightforward, but operational leases have previously only...

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How Many Leases Do You Have?

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