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ASC issues Amendments to SFRS(I) 1-1 and FRS 1 on Non-current Liabilities with Covenants and Amendments to SFRS(I) 16 and FRS 116 on Lease Liability in a Sale and Leaseback

The ASC has issued Amendments to SFRS(I) 1-1 and FRS 1 on Non-current Liabilities with Covenants and Amendments to SFRS(I) 16 and FRS 116 on Lease Liability in a Sale and Leaseback.

These amendments are effective for annual reporting periods beginning on or after 1 January 2024. Earlier application is permitted.


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