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The company is Chip Eng Seng 870

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My group just finalised choosing the questions

Part A question 3 and Part B only

Btw the company is Chip Eng Seng

3. Consider the lease agreements, which your company has entered as the lessee. As the new lease accounting standard (AASB16) is effective for the first financial year commencing on or after 1 January 2019, your company is probably still applying the previous accounting standard (AASB117). Discuss how the new accounting standard will affect the assets, liabilities, and profit of your company.

The qns

https://youtu.be/VESZnpY1Muo

Video is to answer part A

Assignment details and instructions

1. To respond to the above questions, it is necessary that each group (1) listen to the talk by industry representative; (2) access and read the annual reports of your selected company for the 2019-20 financial year and the 2018-19 financial year.

Requirements: total 800 words

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