By Aakanksha Banthia, (finserv@vinodkothari.com) Introduction The International Accounting Standards Board (IASB) issued International Financial Reporting Standard 16 (IFRS 16) on ‘Leases’ in January 2016 replacing the previous accounting standard on leases, IAS 17 Leases, and related Interpretations. IFRS 16 sets out the principles for the recognition, measurement, presentation and disclosure of leases for both parties … Continue reading IMPLEMENTATION OF IFRS-16 IN VARIOUS COUNTRIES