Revolutionary change on the way to ‘Accounting 101’

By Stephanie Zillman · 31 March 2014 · Accounting

Accounting Revolution Looms

A seismic shift is coming to the world of accounting, with far-reaching implications for Australian businesses. Find out what's changing and how it will impact your bottom line.

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Summary

A change to the Australian Accounting Standards is on the way, and once finalised will likely see all of a business’ leases accounted for on balance sheet.