Understanding Accounting Standards: IFRS 16 Leases

This week, we will be looking at IFRS 16 Leases, another new standard effective for financial years/periods beginning on or after 1 January 2019.

Understanding Accounting Standards: IFRS 15 Revenue from Contracts with Customers

Through this “Understanding Accounting Standards” series, we hope to simplify and clarify on certain questions or comments which our clients have in regards to the adoption of accounting standards in the preparation of their Company’s financial statements. To kick-off this series of articles, we will discuss further about the new and upcoming standard – IFRS 15 Revenue from Contracts with Customers.