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8:24
YouTube
Edspira
Introduction to IFRS 16 (Leases)
IFRS 16 establishes the rules for the recognition, measurement, and disclosure of leases for both lessors and lessees. The IASB issued IFRS 16 in January of 2016 (it replaced IAS 17). IFRS 16 had a substantial impact on the accounting for lessees because it requires lessees to capitalize all leases (with two exceptions). This means lessees must ...
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