For listed companies and those who voluntarily choose to follow IFRS reporting guidelines, the final date – 1 January 2019 – for IFRS16 to take effect, is approaching.
With the introduction of IFRS16, the new accounting standard for lease transactions, a number of dilemmas arise.
Tweuus searches for best practices.
This time, the lease transactions with service elements and IFRS16.
Leases with services have a number of advantages:
- simple,
- clear,
- consistent reporting on leasing