In this issue
In this edition, we continue to explore specific aspects of the ‘triple threat’ new accounting standards. This month we illustrate an example of how the financial statements of lessees will be impacted by the new leases standards, IFRS 16 Leases, and we also demonstrate how the new financial instruments standard, IFRS 9 Financial Instruments, could lead to earlier and possibly greater levels of impairment of financial assets.
We also continue our article series, common errors when accounting for investment property, and convertible notes, illustrating a note convertible into a variable number of shares.
Download a copy of the August 2018 Edition of Accounting News.