HKFRS 16 / IFRS 16 Valuation Support for Lease

By |2019-03-06T12:12:33+00:00March 6th, 2019|Categories: Financial Reporting IFRS HKFRS, News|Tags: , , |

Background of Lease - Updates Its specifies how a company will recognise, measure, present and disclose leases. The standard provides a single lessee accounting model, requiring lessees to recognise assets and liabilities for all leases unless the lease term is 12 months or less or the underlying asset has a low value. IFRS 16 was