Financial Services Division (finserv@vinodkothari.com) The Ministry of Corporate Affairs (MCA) has put a small announcement on its website that the new lease accounting standard, IndAS 116 will get implemented from 1st April 2019. The new Standard, globally implemented in several countries from 1st Jan 2019, is called IFRS 16. The Standard eliminates the 6-decade old … Continue reading New lease accounting standard kicks off from 1st April, 2019