Lease accounting is the process of understanding the impact of your companies leasing activities on its finances and cash flow. Though this sounds simple, it is a much more complicated process in reality and has put many companies under the FASB and SEC radar quite easily. If you do the lease accoun...
Blog tagged as IFRS 16
KriyaGo Blox – Your one-stop solution to all property management needs
29.08.22 09:00 AM - Comment(s)
Real estate property management is much more than just making money. If you are a property manager and owner, it is challenging because you are forced to wear a number of hats. There are endless tasks that no one has prepared you for. But these property management tasks are crucial nonetheless and n...
IFRS 16: Are You Ready For The Big Change?
10.06.21 06:04 PM - Comment(s)
The International Accounting Standards Board (IASB) introduced IFRS 16 Leases in January 2016. IFRS 16 brings a new lease accounting system, changing the way companies report under IFRS.
Almost all companies utilize leasing in some form or the other, with some leasing retail spaces while ...
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