IFRS -16 Leases

IFRS -16 Leases

IFRS 16 will affect most companies involved in leasing that report under International Financial reporting Standards (IFRS). It will have a substantial impact on the financial statements of lessees of property and high value equipment – requiring that leases be placed...
Accounts Finalization

Accounts Finalization

It is usually prepared by the accountant and finalized by an auditor or a charted accountant. The annual statement is compiled on the basis of information from the general ledger and accounting journal, the income statement, the balance sheet, the equity contribution...
Vat Invoice Format

Vat Invoice Format

The Vat invoice must contain the following; Word “Tax invoice” The name, address, and VAT Registration Number of the Registrant making the supply and of recipient. A sequential VAT Invoice number or a unique number which clearly identify of the VAT Invoice and the...
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