As part of our value added services, RSM Kuwait is pleased to offer a complimentary seminar on the following:
IFRS 16 – Leases
This standard will be effective for annual periods beginning on or after 1 January 2019. This standard will be replacing IAS 17 Leases and will require lessees to account for all leases under a single on-balance sheet model in a similar way to finance leases under IAS 17 with limited exceptions for low-value assets and short-term leases.
Our professionals will share their experience and practical tips on how to prepare for this change in the International Financial Reporting Standards 'IFRS' which will have significant impact on the financial statements for annual periods beginning on or after 1 January 2019.