Get specific guidance and examples to help you prepare consolidated financial statements effectively and accurately. Understand and apply consolidation adjustments in practice.
Learn how to make capital adjustments, exclude cross-settlements and eliminate gains or losses recognised in assets. Read the handbook for professionals in finance and controlling who are involved in preparing consolidated financial statements.
In this post we will answer some common questions on how to recognize and manage lease and perpetual usufruct arrangements to ensure compliance with IFRS 16. We will explain the steps involved in the valuation of assets and liabilities for different types of contracts.
The adaptation of IFRS as an accounting standard affects the presentation of values in financial statements, especially in the context of leasing and rental under IFRS16.
The article examines these changes, showing how this standard modifies the balance sheet, profit, and loss statement and cash flow statement, highlighting key differences and new challenges in financial reporting.
