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