Question 3 The new Leases Standard (i e IFRS16) will provide much needed transparency on companies lease liabilities, meaning off balance sheet financing is no longer lurking in the shadows Hans Hoogervost, IASB Chairman YOU ARE REQUIRED TO Discuss critically the benefits and implications of the new Leases Accounting Standard, IFRS16 (maximum word count 500 words)

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Question 3 The new Leases Standard (i.e. IFRS16) will provide much needed transparency on companies lease liabilities, meaning off-balance sheet financing is no longer lurking

Question 3

The new Leases Standard (i.e. IFRS16) will provide much needed transparency on companies lease liabilities, meaning off-balance sheet financing is no longer lurking in the shadows.

Hans Hoogervost, IASB Chairman

YOU ARE REQUIRED TO:

Discuss critically the benefits and implications of the new Leases Accounting Standard, IFRS16. (maximum word count 500 words)

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