Category: ACCA F2 Management Accounting

IFRS 16 Leases Vs IAS 17 Leases

IFRS 16 Leases IFRS 16 Leases will start to apply on all the financial years starting after 1st January, 2019. After that IAS 17 will no longer be applicable. Early application of the IFRS 16 Leases is only allowed with IFRS 15. Objective of IFRS 16 Leases The main objective of this standard is to