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lease accounting suite leases are in the spotlight today as a result of changes in the fasb gasb and iasb lease accounting standards accounting departments need to start the new revenue recognition standard power and utilities ey 2 the new revenue recognition standard – power and utilities industry our applying ifrs a closer look at the new revenue recognition standard ifrs 15 vs ias 18 huge change is here – ifrsbox ifrs 15 contains guidance for transactions not previously addressed service revenue contract modifications ifrs 15 improves guidance for multiple difference between fair value hedge and cash flow hedge that’s the definition in ifrs 9 and ias 39 so here you have some “fixed item” and you’re worried that its value will fluctuate with the market applying ifrs ey 2 october 2016 applying ifrs – new iasb leases standard – mining and metals overview mining and metals entities will need to change certain lease how the ifrs interpretations mittee helps implementation the ifrs interpretations mittee interpretations mittee works with the international accounting standards board board in supporting the wipro annual report 2015 16 consolidated statements and other financial information report of independent registered public accounting firm the board of directors and equity holders ban franchising business accounting network ban franchising opportunity our franchisor strives to be the most respected professional accounting franchise in south africa and one of choice for synergy consulting about synergy bringing in ideas solutions and services synergy consulting is an independent global pany with offices in usa india uae south korea paritz & pany p a certified public accountants paritz & pany p a is a mid size regional accounting and consulting firm servicing clients in the new york tri state area and operations of multi


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