Lease Accounting – Aspects No One is Talking About
Ramanujam Narayan
CEO, CFO at Contetra| Helping CFOs to Save Time & Costs with ERP Implementations & Re-implementations, Process Optimizations| Enabling FIN leaders with IndAS/IFRS /GAAP Advisory, Batch Training & Contractual Resourcing
Did you know that IND AS 116 - Leases has a direct positive impact on your EBITDA?
In my blog on the Aspects of Lease Accounting no one is talking about, I mention all the far fetching implications that a compliance standard can have on your financials like: What impact does IFRS 16 have on your Cash Flows? How to determine the discount rate whole calculating Lease liability? And most importantly, what impact does IFRS 16 have on the profits and valuation of a company?!