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SINGAPORE ACCOUNTANCY CONVENTION

Most companies not ready for new standard on lease accounting: survey

Friday, August 26, 2016 - 05:50

35029387.17 (37964920) - 04_04_2016 - pixcbd.jpg
A hefty new lease accounting standard is due to come into effect in 2019, but the majority of companies here have not even started preparing for it, a new study by the Institute of Singapore Chartered Accountants (Isca) and Nanyang Business School (NBS) has found.

Singapore

A HEFTY new lease accounting standard is due to come into effect in 2019, but the majority of companies here have not even started preparing for it, a new study by the Institute of Singapore Chartered Accountants (Isca) and Nanyang Business School (NBS) has found.

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