Perspectives

Australian Accounting Standard 16, Leases: effective 1 January 2019

Why early preparation is critical for telecom operators

What telecom operators need to know about Australian Accounting Standard AASB 16, leases issued February 2016’s. The AASB 16 will increase EBIT, EBITDA and capital expenditure. AASB 16 effective for periods beginning on or after 1 January 2019.