Search results with tag "Aasb 16"
Guidance for AASB 16 Leases - NSW Treasury
www.treasury.nsw.gov.auGuidance for AASB 16 Leases 2 1. Overview 1.1 Objective The new accounting standard AASB 16 Leases (AASB 16) is effective for NSW public sector agencies from FY19-20, and replaces the current standard AASB 117 Leases. The objective of AASB 16 is to improve transparency on financial leverage and capital employed by
Leases - Australian Accounting Standards Board …
www.aasb.gov.auAASB 16 7 COMPARISON Comparison with IFRS 16 AASB 16 Leases incorporates IFRS 16 Leases issued by the International Accounting Standards Board (IASB). Australian-specific paragraphs (which are not included in IFRS 16…
Overview of AASB 1058 & AASB 15 - Department of Finance
www.finance.gov.aupost the credit entry (e.g. financial instruments under AASB 9, lease liabilities under AASB 16, etc.), AASB 1058 applies) The decision tree in next slide will assist with choosing the appropriate revenue standard
Leases - Australian Accounting Standards Board
www.aasb.gov.auAustralian Accounting Standard AASB 16 Leases is set out in paragraphs 1 – Aus103.1 and Appendices A – D. All the paragraphs have equal authority. Paragraphs in bold type state the main principles. Terms defined in Appendix A are in italics the first time they appear in the Standard. AASB 16 is to be read in the context of other Australian
AASB 16 Leases - assets.kpmg
assets.kpmgAASB 16 Leases KPMG.com.au A fundamental overhaul of lessee accounting effective 2019