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Are You Ready For The New Lease Accounting Rules That Will Impact Your Financial Statements? (PT. I)

IFRS 16 and FASB 842

The world of Lease Accounting is set for a radical makeover. In January 2016, the International Financial Reporting Standards Foundation issued IFRS 16, and in February 2016,...

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IFRS 16 Transition Series for Lessees – Example 2

George Azih IFRS 16, Lease Accounting Transition January 3, 2018

To read the first example of the IFRS 16 transition series for lessees, click here

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IFRS 16 Transition Series for Lessees – Example 1

George Azih IFRS 16, Lease Accounting Transition December 19, 2017

How to transition from an operating lease under current IAS 17 to the single lessee accounting model – a finance lease using the cumulative effect approach?

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Are you prepared for the transition to IFRS 16 - the new lease accounting standard?

George Azih Lease Accounting, IFRS 16, Lease Accounting Standard November 30, 2017

The IFRS 16 Effective date is fast approaching

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Lease Accounting Transition Guide for FASB 842 and IFRS 16 Part II: Step by Step Guide on Adopting the New Lease Accounting Standards

Note that this is the second part of a series of blog articles addressing how to adopt the new lease accounting standards for FASB 842 and IFRS 16. To read part 1, please click here.

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