One of the main regulations governing leasing arrangements is IFRS 16. In January 2016, the International Accounting Standards Board issued a new accounting standard for leases, called IFRS 16, ...
Accounting and finance organizations for many multinational businesses are currently working to create plans for two separate lease accounting standards: the Financial Accounting Standards Board’s ASC ...
The International Financial Reporting Standards (IFRS) are a set of global accounting standards, and IFRS 16 outlines how companies should report property leases. It replaces the old IAS ...
The International Accounting Standards Board (IASB) has launched a formal post-implementation review of IFRS 16 Leases, inviting stakeholders to share their experiences and insights on whether the ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The boast of IWG is that it responds to customers’ needs by providing them with flexible office space. As the ...
Tesco said today that a new accounting standard related to the treatment of leases would have increased its operating profit and margin in the last financial year, while decreasing pretax profit and ...
The retail sector’s resilience has been thoroughly tested throughout 2018, with a constant stream of Company Voluntary Agreements and profit warnings causing consternation among investors and ...
Following our H1 2019 earnings call, Rexel’s share price has been impacted by a misunderstanding that arose concerning how we define the conversion of EBITDA into FCF before Interest and Tax after the ...
(RTTNews) - Tesco Plc (TSCO.L, TSCDY.PK) issued its 2018/19 full-year financial statements under IFRS 16, the new financial reporting standard. Before exceptional items and amortisation of acquired ...