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New accounting standards see debt levels among leading liners soar 50%

New accounting standards effective from the start of this year have made for some massive debt increases for the world’s largest container carriers. The application of the new IFRS 16 lease accounting standard from January 1 means long-term leases for vessels, equipment, and other assets now have to be capitalised, whereas operating leases could previously […]

WP_Post Object ( [ID] => 209326 [post_author] => 76 [post_date] => 2019-06-05 07:34:11 [post_date_gmt] => 2019-06-05 07:34:11 [post_content] =>

New accounting standards effective from the start of this year have made for some massive debt increases for the world’s largest container carriers. The application of the new IFRS 16 lease accounting standard from January 1 means long-term leases for vessels, equipment, and other assets now have to be capitalised, whereas operating leases could previously […]

[post_title] => New accounting standards see debt levels among leading liners soar 50% [post_excerpt] => New accounting standards effective from the start of this year have made for some massive debt increases for the world’s largest container carriers. The application of the new IFRS 16 lease accounting standard from January 1 means long-term leases for ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => new-accounting-standards-see-debt-levels-among-leading-liners-soar-50 [to_ping] => [pinged] => [post_modified] => 2019-06-05 07:59:11 [post_modified_gmt] => 2019-06-05 07:59:11 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=106995 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )