Understanding Sale and Leaseback Transactions under IFRS 16
In today's digital age, companies are often asked for advice on choosing accounting software. Mattias Elfgren, CESale and leaseback transactions are a common way to free up cash and reduce the balance sheet. However, under the International Financial Reporting Standard (IFRS) 16, these transactions have changed the way they are recognized on the balance sheet. Here's what you need to know.O and group accounting expert at Tiego, shares three important factors to consider when choosing an accounting software.
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