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6 sie 2018 · A new standard IFRS 16 Leases, (originally issued in 2016 by the IASB to replace IAS 17 Leases), will become mandatory for annual periods beginning on or after 1 January 2019. Aiming to bring more transparency to leases in companies’ financial statements, the new standard will not only impact finance and accounting but will also result in ...
8 lis 2019 · Have you assessed the impact of IFRS 16 on business valuations that use the discounted cash flow (DCF) and/or the market approach? Both approaches rely on KPIs that will be affected by IFRS 16, such as Enterprise Value divided by EBITDA, which in the vast majority of cases is expected to decrease.
• IFRS 16 applies a control model to the identification of leases, distinguishing between leases and service contracts on the basis of whether there is an identified asset controlled by the customer. • Significant changes to lessee accounting are introduced, with the distinction
23 sie 2019 · To better understand how IFRS 16 will affect the valuations of South African companies, Deloitte applied the new standard to a sample of 75 JSE listed companies across a range of sectors to illustrate the impact it will have on implied multiples and leverage ratios.
Under IFRS 16, companies are required to calculate and disclose the net present value of their lease obligations. This creates a lease liability and right of use asset on the balance sheet for the first time, which can result in a significant change in the profile and overall net asset value presented in the statutory accounts.
Tentative agenda decision – Sale and Leaseback with Variable Payments (IFRS 16 Leases) Deloitte Touche Tohmatsu Limited is pleased to respond to the IFRS Interpretations Committee’s publication in the March 2020 IFRIC Update of the tentative decision not to take onto the Committee’s agenda the
The Committee concluded that the principles and requirements in IFRS 16 provide an adequate basis for an entity to determine, at the date of the transaction, the accounting for the sale and leaseback transaction described in the request.
