IFRS 16 contains several criteria, which, individually or in combination, are used for classification purposes. One of the criteria is that the sum of the present value of lease payments amounts to substantially all of the fair value of the underlying assets (IFRS 16.63(d)), but no precise...
KPMG. In step with market needs. At KPMG, we understand that the Investment Management industry has undergone sizeable growth and change in the past few years.The recent credit crisis, the rise of GenY, and the forces of convergence and divergence have helped to make the industry a sea of ...