Unprecedented economic shifts in global markets have created uncertainty across the board, fuelling currency volatility particularly in emerging market economies. As a result African currencies tend to take the brunt the most, when compared to that of developed countries. Recently, major global central banks, such as the US Fed and ECB, have turned significantly more […]
New lease accounting standards have shone a spotlight on Lease versus Buy decision-making, as well as the effective management of leases. As such, now is the perfect time to consider ways to maximise the benefits of leasing for your organisation – from better supporting liquidity planning to garnering significant cost savings at the inception of […]
The new lease accounting standard, IFRS 16, is now in effect. Many companies are still getting to grips with the changes to their financial reporting, with all leases coming onto the balance sheet for the first time. But beyond initial implementation, IFRS 16 is also enabling companies to capitalise on the transparency the new standard […]
For years, accounting and risk management have not always been fully in sync. Limitations in the prevailing accounting standard meant that firms were not always able to accurately reflect their risk management activities in financial statements. While the emphasis of accounting was on the forensics of company finances, risk management was traditionally focused on the […]
