IFRS16: Why automation could stop you hating these leases to pieces

According to a recent poll, as many as a quarter of corporate treasurers have yet to understand the impact of IFRS16 and what needs to be done in response

By Shruti Chaturvedi

Nov 28, 2019

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The application of the IFRS 16 standard from January this year has forced companies to revise how they define and record leasing contracts. As with any major change in accounting practices, the new model has injected a level of uncertainty into the work of corporate treasurers.

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