Weekly Catch-Up 14th April
Thursday 25 April 2019
IFRS 16 and the impact it’s going to have on leasing
If you have an accounting period beginning on or after 1 January 2019, you will likely find yourself coming up against IFRS 16. This is a major change for how leases are treated and eliminates nearly all off-balance sheet accounting for leases.
This great article provides an overview of the changes and the impact this will have on lessors and lessees.
How to get the right internship for you
An important part of your accounting education may well be deciding on a good internship. This will depend on where you want to locate yourself, the area you want to specialise in and more.
You will learn many vital skills during this period from creating contacts and networking to understanding how the business runs and the knowledge base you will expand. This article covers how to get the most out of your internship.
Zimbabwe: effective accounting on mineral earnings required
Alleged leakages in accounting of mineral earnings is costing the economy millions of dollars yearly. CEO of the Pan African Federation of Accountants, Mr Vickson Ncube states: “It is all about to do with the proper accounting of the systems so as to unlock value in a sector that is entirely dependent on capital resources”.
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