Accounting for Leases - Changes in AASB 116 and AASB 117
Prepare a report for the CFO of Myer Ltd, analyzing the potential impacts of the changes in the accounting standard AASB 16 Leases on the financial reports of the company.
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Added on 2023-06-04
About This Document
This article discusses the changes in accounting policies and standards for leases as per AASB 116 and AASB 117. It covers the main terms of lease agreements, accounting of rent, and tax accounting of leases in Australia. The potential impact of the changes on financial presentations and ratio analysis is also discussed.
Accounting for Leases - Changes in AASB 116 and AASB 117
Prepare a report for the CFO of Myer Ltd, analyzing the potential impacts of the changes in the accounting standard AASB 16 Leases on the financial reports of the company.
Added on 2023-06-04
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