Finance

IFRS 16, or International Financial Reporting Standard 16, is a standard issued by the International Accounting Standards Board (IASB) in 2016. It replaces the previous standard for lease accounting, IAS 17, and sets out the principles for recognizing, measuring, presenting and disclosing leases in financial statements. IFRS 16 Requires Lessees to Initially Measure Lease Liability Under IFRS 16 , all leases, with some exceptions, are recognized on the lessee's balance sheet as assets and liabilities. This means that lessees must recognize a right-of-use asset representing their right to use the leased asset, and a lease liability representing their obligation to make lease payments. IFRS 16 requires lessees to initially measure the lease liability at the present value of the lease pay...

Cash Management Services are products that banks offer to manage a company's cash flows. They provide an electronic means to transfer funds between accounts, such as checking and savings accounts. This service helps companies with multiple bank accounts streamline their daily operations by electronically pulling funds from each of them into a single interest-bearing account. These services also include products such as controlled disbursement, which provides early notice of the funds needed for daily disbursements. This knowledge allows customers to invest excess funds prior to the daily disbursement process. These funds are generally placed into money market investments. TD Ameritrade Cash Management Services TD Ameritrade Cash Management Services is a great alternative to a traditional...

The Purrweb team has 10+ years of experience in the financial industry and specializes in MVP software design. They also provide fundraising support for startups and help them secure VC funds and recruit in-house finance teams. A second company in the Purrweb team is Rocket Founders. Its mission is to help startups build a successful business from the ground up. Purrweb is Experienced UI/UX Design Agency When you need UI/UX design, it helps to work with an agency. Agencies are typically more professional, experienced, and trustworthy. It also helps to have a backup plan in case something goes wrong. Plus, if you have an idea for a new feature or website, having an extra set of eyes can be helpful in the brainstorming process. Purrweb, based in Omsk, Siberia, is an experienced UI/UX de...

POSB Is Everyday card a debit card , a bank of the people, has a strong focus on anticipating consumer demands. This is especially true with young Singaporeans, who show different buying habits from the previous generation. They are used to online transactions and cashless payment methods. POSB's Multi-tude credit card is designed with these customers in mind. It offers dining and entertainment privileges and up to 0.3 per cent cashback on MasterCard transactions. Customers are enrolled in POSB's internet banking services at the time of application. Privileges and Responsibilities of a Credit Card You are looking for a credit card , you might want to consider the POSB Credit Card. This card offers a range of benefits and privileges, including ATM and NETS transactions. POSB is known to h...