Money

by   |    |   3 minutes  |  in Finance

With IFRS16 and ASC842 coming into force on 1st January 2019 lease accounting is set to change. Here I discuss the challenges, impacts, and benefits these standards are bringing, and suggest ways systems such as IFS Applications can assist the user. Lease accounting from January 2019 For both IFRS and US GAAP, IFRS16 and ASC842…

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