Uploaded on May 5, 2025
This presentation provides an overview of lease accounting in the property sector, focusing on compliance with IFRS 16 and ASC 842 standards. It explains the shift from traditional lease classification to the mandatory capitalization of most leases on the balance sheet, highlighting the recognition of Right-of-Use assets and lease liabilities. The presentation also outlines how these changes affect financial transparency and reporting. EXO Edge offers expert support in accurate lease classification, automated tracking, and compliant financial reporting to help property managers and real estate firms navigate these complex regulations.
Comments