Expert warns to begin preparation now for IFRS 16 lease accounting standard

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Expert warns to begin preparation now for IFRS 16 lease accounting standard

Incoming finance regulations mean councils need to ensure finance officers are involved in all decisions to enter leases, according to a sector expert. International Financial Reporting Standard (IFRS) 16, which will affect the public sector from 1 April 2019, will require councils as lessees to recognise
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AAT senior leaders named on panel for Legal, financial and accounting T level

AAT Chief Executive Mark Farrar and Head of Qualifications and Product Development Rachel Kellett have been appointed to the panels of industry experts who have been brought onboard by the Department for Education to help develop the Legal, financial and accounting T level route. T levels were
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A 'Big Four' accounting firm is accepting bitcoin payments

Accounting firms such as PwC and rival Ernst Young have shown more interest in digital currency than Wall Street banks. EY, for instance, joined the Bitcoin Association, a Switzerland-based bitcoin advocacy firm, in May. “It is important to us that everybody gets on board and prepares themselves for the
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Enhancing the Skill Set of Tomorrow's Accountants

“Accountants are no longer bean counters,” says Josh Wolfson, Chair of the Borough of Manhattan College (BMCC/CUNY) Accounting Department. “They must also have a skill set that includes effective oral and written communication.” The Accounting Department's five-year Academic Program Review
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Gilbert: Standard Life Merger Going Better than Expected

(Bloomberg) — It is 108 days since the Aberdeen Asset Management and Standard Life merger was completed, creating a £670 billion asset management company. Martin Gilbert, CEO at Aberdeen Standard Investments, told Bloomberg Daybreak Europe's Nejra Cehic and Markus Karlsson that MIFID2
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