The impact of new lease accounting standard (IFRS 16, AASB 16) on finance & corporate transactions
By Zina Edwards, Hal Lloyd and Monty Loughlin In January 2016, the International Accounting Standard Board issued the new lease standard (IFRS 16 Leases). This new standard and the equivalent Australian standard (AASB 16) will be effective for annual reporting periods beginning on or after 1 January 2019 (with early adoption being optional). The new […]