International Financial Reporting Standards " CAFM-Blog.de

IFRS 16 Leasing: What companies need to know about the new regulations

The International Financial Reporting Standards (IFRS) are a series of accounting standards developed by the International Accounting Standards Board (IASB). One of the latest standards is IFRS 16, which came into force in January 2019. This standard has a significant impact on lease accounting and is therefore of great importance to companies. What is IFRS 16 and why was it introduced? IFRS 16 is an accounting standard that [...]

IFRS 16 example: How the new lease accounting changes financial reporting

18 December 2023

The International Financial Reporting Standards (IFRS) are internationally recognised accounting standards that are applied by companies all over the world. One of the latest standards is IFRS 16, which relates to lease accounting. This standard was developed to improve the transparency and comparability of financial information and to give investors a better basis for their decisions. In this article, we will take a closer look at IFRS 16 and

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