The buzz: “Never call an accountant a credit to his profession; a good accountant is a debit to his profession.” (Charles Lyell)
Corporate accountants are managing a perfect storm of financial regulations with the upcoming IFRS 15, IFRS 9, and IFRS 16. Any one is difficult at best; all three can be overwhelming.
Today we’ll focus on IFRS16/ASC 842. Leasing is an important and widely used financing solution. IFRS16 mandates lessees to recognize operational leases on the balance sheet. Your company has a small window to ensure compliance by January 1, 2019 with a two-year comparative period. Get ready. Get set.
The experts speak.
Imran Mia, Nakisa: “Nothing is impossible, the word itself says ‘I’m possible.’” (Audrey Hepburn)
Richard Cebula, PwC: “The world as we have created it is a process of our thinking. It cannot be changed without changing our thinking.” (Albert Einstein)
Pete Graham, SAP: “Say it isn’t so.” (Bon Jovi)
Join us for Your Balance Sheet 01/01/19: $3T Worth of Leases.
via SAP News Center http://ift.tt/2lHwAGC