A topic that does not get enough attention is IFRS 16. Aside from the requirements for financial accounts, understanding IFRS 16 can empower businesses to make better decisions on the use of their capital. Alexandra Cain with another great write up, summarises the benefits from focusing more attention on this area
This article was first published on the CFO Magazine website here
The real questions CFOs should be asking their finance team.
The transition to the AASB 16 / NZ IFRS 16 accounting standard, which was published in 2016 and came into force in January 2019, has been one of the most widely-anticipated shifts in accounting and finance. Now that most reporting entities have been through one full compliance cycle, it’s an opportune time to assess how all stakeholders are responding to the new standard.
Continue reading “Leveraging the hidden benefits of IFRS 16: – CFO Series”