Question 3 The new Leases Standard (i.e. IFRS16) will provide much needed transparency on companies...
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Accounting
Question 3
The new Leases Standard (i.e. IFRS16) will provide much needed transparency on companies lease liabilities, meaning off-balance sheet financing is no longer lurking in the shadows.
Hans Hoogervost, IASB Chairman
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Discuss critically the benefits and implications of the new Leases Accounting Standard, IFRS16. (maximum word count 500 words)
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