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Financial Reporting Insights - May 2017

Published on: May 17, 2017

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A number of new accounting standards are on the horizon and while some organizations are nearing the completion of their implementation projects for these new standards, many are not as far ahead as they should be.

These changes include:

  • IFRS 9, Financial Instruments and IFRS 15, Revenue from Contracts with Customers superseding IAS 39 and IAS 11/IAS 18 and related interpretations (effective January 1, 2018)

  • IFRS 16, Leases, superseding IAS 17, effective date January 1, 2019.

To avoid future headaches and ultimately ensure that your entity meets its reporting deadlines, now is the time to take action!

Our experts destroy the myths related to the adoption of these standards in our latest CFO’s corner editorial. Embark on the journey before it’s too late!

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