Referring to the accounting changes on leases AASB16 or other relevant changes making entities capitals operating leases on the balance sheet. How does this change affect managerial remuneration contracts? how does it affect Employee incentive and bonus schemes? Please explain in detail how it does this? I know entities should consider revising these contracts due to the change, but why ?

Answer rating: 100% (QA)

Key changes The principal change with the new leases standard is to remove the distinction that curr... View the full answer