A Quick Guide For Smooth Transition to New Lease Accounting Standard IFRS 16
![A Quick Guide For Smooth Transition to New Lease Accounting Standard IFRS 16 A Quick Guide For Smooth Transition to New Lease Accounting Standard IFRS 16](https://www.icharts.org/wp-content/uploads/2021/01/Lease-Accounting-680x350.jpg)
The new lease accounting standards of IFRS 16 require lessees to bring all the leases and their related liabilities onto the balance sheet. This will greatly impact the accounting …