The IASB has offered some practical relief to simplify the accounting for changes to lease arrangements that are directly linked to the pandemic.
Category: COVID-19
Spotlight on Melbourne
Steering a business through the murky waters of COVID-19 isn’t without its challenges but, as Melbourne’s Jeff Long can attest, careful planning can mitigate the impact with opportunities already emerging.
Fair value measurement in a COVID-19 world
With the June reporting season now imminent, it is increasingly important for Boards and finance teams to assess and understand how the pandemic may affect fair value measurement come June 30.
Commercial leasing principles
The Prime Minister announced in a media statement a set of “principles” to assist landlords and tenants in commercial tenancies. It is encouraging commercial tenants, landlords and financial institutions to assist businesses to survive during these difficult times.