Articles by CA Shammi Prabhakar

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IFRS 16 vs US GAAP (ASC 842): Bridging the gap for Lease Accounting

  CA Shammi Prabhakar    26 May 2020 at 09:49

IFRS (International Financial Reporting Standard )16 has significantly changed the accounting for leases across the globe. Most of the entities are busy managing these impacts for reporting their numbers of the previous financial year.