Keywords: Lease accounting
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Case Studies
Emerald Emerging Markets Case Studies 1–12.
Published: 01 September 2026
... airport operator. In 2023, as the airport prepared its tariff submission to the AERA, Mehta confronted an unexpected challenge arising from the adoption of Ind AS 116 (equivalent to IFRS 16). While the new lease accounting standard required recognition of ROU assets and lease liabilities...

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