Hello,
Is NAV2018 supports the new IFRS 15 & 16 standards out of the box or if they need to customize this?
IFRS 15 is an International Financial Reporting Standard (IFRS) promulgated by the International Accounting Standards Board (IASB) providing guidance on accounting for revenue from contracts with customers. It was adopted in 2014 and became effective in January 2018
The new leases standard – IFRS 16 – will require companies to bring most leases on-balance sheet from 2019.
Thanks.
NAV2018 supports the new IFRS 15 & 16 standards out of the box or if they need to customise this?
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