IFRS 16 has been saved
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IFRS 16
The TIME is NOW
IFRS 16 is in full effect! This means that your next financial statements will require that you disclose your lease obligations. Although you may be several months into your financial year, the opportunity still exists to tackle the challenges and satisfy the requirements of the standard.
In this article we unpack the challenges and outline our practical approach to IFRS 16, which has been refined and tailored through extensive implementation experience gained in working with clients across a variety of industries.