Rhenie De Vries

IFRS 16: the D word…

Yup, you guessed what it is: discount rate. At this stage, it has become clear that determining the discount rate to measure the net investment in the lease will be no easy feat. But before you throw your hands up in exasperation, let’s explore how you can navigate this challenging route. The implicit interest rate Although the implicit interest rate is n […]

IFRS 16 Leases: what’s the big deal?

In fact, there isn’t just one big deal, but several little deals, and this is exactly why this standard is so complex. With each page you turn and brochure you read, another exception, complexity, or exemption is revealed. Currently IFRS 16 is all the rage and, if you’re not talking about it, you probably feel like you’re missing something. Why? What is […]

The standard you’re forgetting about

Have you ever heard of the ESEF? I’ll try to jog your memory: It’s a standard. Commissioned back in 2013… …by the European Securities and Markets Authority (ESMA). It regards published financial reports. The “F” is for Format… Anything? If not, then you’re not alone: most people seem to have been so focused on IFRS 9, 15, […]