IFRS 16 – Leases Standard
The International Accounting Standards Board (‘IASB’) announced a new leasing standard that will come into effect on 1 January 2019 (earlier application permitted for accounting periods ending on or after 1 January 2017). This new standard requires lessees to recognise nearly all leases– with an exemption for short-term and low-value asset leases – on the
Global tax accounting April – June 2012
Accounting and reporting related updates IASB and FASB project on leasing Levies charged by public authorities Statutory accounts in the EU Financial reporting of income tax Recent and upcoming major tax law changes and the tax accounting implications Some tax rate changes Important considerations in tax law changes Tax Account refresher Backwards Tracing Update on
Global tax accounting January – March 2012
Tax accounting updates Hot topic – Tax accounting implications of the earthquake in Japan Adjustment of IAS 12 for investment property at fair value Joint IASB/FASB project on revenue recognition IASB and FASB project on leasing Recent and upcoming major tax law changes and the tax accounting implications Schedule UTP for US tax returns Summary
