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AASB 16: Impacts on Speedcast International Limited

   

Added on  2023-01-19

9 Pages2495 Words29 Views
MASTER OF ACCOUNTING
[Year]

AASB 16
Executive Summary
IFRS 16 is the new accounting standard that has been into action and is known as the AASB 16 Leases in Australia.
The new standard is expected to bring in trillion however, will be accompanied with huge complexities. The present
report will shed light on AASB 16 and will focus on the company Speedcast International Limited that is listed on
the ASX.
2

AASB 16
Contents
Introduction.................................................................................................................................................3
Speedcast International Limited..................................................................................................................3
Impacts of AASB16 on the company Speed cast international limited........................................................4
Agree with the changes in lease reporting and its Impacts..........................................................................4
Conclusion...................................................................................................................................................7
References...................................................................................................................................................8
3

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