IFRS 15: Recognition of Revenue from Contracts with Customers.
International Financial Reporting Standard 15 (IFRS 15) is an accounting standard issued by the International Accounting Standards Board (IASB) that deals with the recognition of revenue from contracts with customers. It was issued in May 2014 and applies to all entities that adopt [...]...
IFRS 16: Accounting Treatment of Leases
In January 2016, the International Accounting Standards Board (IASB) issued International Financial Reporting Standard 16 (IFRS 16) on leases, which has revolutionized the accounting world by completely changing the way companies must account for leases in their financial statements. IFRS 16 became effective January 1, 2019, replacing the previous IAS 17 Leases.