AFRA/FRA-Understanding IFRS 16 - Leases

AFRA/FRA-Understanding IFRS 16 - Leases
In this video, we break down IFRS 16: Leases, one of the most significant standards in financial reporting. Learn how IFRS 16 impacts both lessees and lessors, including key concepts like right-of-use assets, lease liabilities, and how lease payments are recognized on financial statements. We also explore the transition from IAS 17 to IFRS 16 and provide practical examples to help you fully understand the implications of this standard in real-world financial management.
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