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By Pierre-Marie SUTTER, Manager Vincent JEUNET, Partner Wavestone
Another year, another standard!” Companies are still digesting the turn to the new year as they’re still battling with the final adjustments related to the implementation of the IFRS 9 – Financial Instruments: Recognition and Measurement – standard which has become effective on January 1st 2018, that they already need to switch gears and look a few months ahead, to January 1st 2019 to be more precise, with the view to set in motion their compliance effort to the new IFRS 16 – Leases – framework.
Before introducing the main normative impacts and who is going to be affected, we shall outline the principal objectives and changes brought out by the new standard which has been...
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