Highlight the key aspects of lessee accounting of the US GAAP lease accounting standard ASC 842
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IFRS 17 INSURANCE STANDARD Scope REPORT
The report is developed in order to provide a perception of the new insurance contracts standard and provide a bird’s-eye view from an implementation standpoint.
IFRS 15 – Revenue from Contracts with Customers Summary Report
By Mushfiq Mazhar IFRS 15 Impact to other Standards Prominent for companies who run the long-term contracts or complex transactions. In May 2014, Board issued IFRS 15 which was a huge change to the existing revenue recognition guidance. Before IFRS 15 standards, the revenue recognition guidance was spread over the standards and there were various […]
IFRS 16 LEASES SUMMARY REPORT
This is a short summary of the new IFRS 16 lease standard. This summary is extremely helpful for identifying the parameters while making the transition to IFRS 16 (new lease standard) from IAS 17 (old lease standard).
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