Need about 500-1000 words

IFRS 16 is expected to facilitate better capital allocation by enabling better credit and investment decision-making by both investors and companies (IASB, 2016, p. 5) IASB (2016). Effects Analysis on IFRS 16 - Leases. REQUIRED: First, illustrate the changes introduced by IFRS 16 in relation to the accounting for leases. Second, based on the above-mentioned quote, critically discuss the extent to which you believe that IFRS 16 will lead to better credit and investment decision-making