IFRS 16 Leases: How often should I update my IBR?
IFRS 16 does not specify a set frequency for updating the Incremental Borrowing Rate (IBR). According to Appendix A, Defined Terms, the IBR is defined as: “The rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset […]
Success
One of the things I noticed during my career is that you don’t need to be a genius or work 16 hours a day to succeed. I believe there are two key elements, among many others. First and foremost, love what you do. You need to work in a field you love because that’s the […]
Recommended books
The Complete Corporate Coaching Toolkit, Monica Jonsson How to Win Friends & Influence People, Dale Carnegie
Psychological safety at work
Building psychological safety in the workplace is a vital aspect of effective leadership. When employees feel psychologically safe, they are more likely to take risks, speak up with new ideas, and report mistakes without fear of reprimand. This kind of environment leads to greater engagement, higher levels of innovation and improved performance. To create such […]
Leader ≠ Expert in All Areas
There is a common misconception that a leader must be a subject matter expert in all areas they oversee. In reality, a leader’s true strength lies in their ability to assemble a team of various experts who can work together towards a common goal. A leader orchestrates a cohesive unit, ensuring that everyone is aligned […]
Welcome
Welcome to my blog, where I explore the worlds of Finance, Accounting, Leadership, Management, and Motherhood. ♥ I’m excited to share my insights and experiences with you, hoping to inspire and support those who are embarking on their own journeys in these areas. Enjoy the read and feel free to join the conversation!