Gambia Finance Leaders Forum on COVID-19 (Videos)
IG Business and Finance recognizes the challenges finance leaders are facing with respect to the dynamic situation posed by COVID-19 pandemic. The situation impacts business operations, difficulty in business predicting forecast and importantly the effects on financial reporting. In this challenging time, regulators, shareholders and other stakeholders are urging and relying on companies to ensure […]
The Impact of IFRS 16 on Financial Statements
IFRS 16 is effective for annual reporting periods beginning on or after 1 January 2019, with earlier application permitted (as long as IFRS 15 is also applied). What is IFRS 16 The objective of IFRS 16 is to faithfully represent lease-based transactions and support users assessment of cash flows arising from leases. The standard requires […]
