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RSS FeedsImpacts of the adoption of the IFRS 16 standard at YIT and change in reporting practices
(WorldNews Finland)

 
 

18 april 2019 16:35:29

 
Impacts of the adoption of the IFRS 16 standard at YIT and change in reporting practices
(WorldNews Finland)
 


Impacts of the adoption of the IFRS 16 standard at YIT and change in reporting practice YIT will change its reporting practices from 2019. This release describes the impacts of the adoption of the IFRS 16 `Leases` standard that entered into force on January 1, 2019. In addition, going forward, the company will not report figures under the percentage of completion (POC) principle. Impacts of the adoption of the IFRS 16 standard The new IFRS 16 `Leases` standard entered into force on January 1, 2019. The adoption of the standard will not have an impact on the company`s financial targets or guidance for 2019, in which the adoption of the IFRS 16 standard is already taken into account....


 
12 viewsCategory: General > Europe > Finland
 
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(WorldNews Finland)
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(WorldNews Finland)
 
 
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