Intercultural Communication Is Concerned With...

Intercultural communication is concerned with communication across cultures. Since cultures as well as languages differ from one another in significant ways, speakers conceptualize the world around them in different ways. These cultural conceptualizations form part of the collective cognition of a speech community or cultural group. This paper is an attempt to delineate some cultural schemas in Persian cultural conceptualization which are quite prevalent in Iranian culture and language which may crop up in everyday conversations. For this purpose, cultural schemas of maram , marefat , and gheyrat are selected based on their frequent use in Persian language and Iranian culture. These schemas are elaborated and some implications for L2 English are suggested. Index terms: culture, conceptualization, schema, intercultural communication I. Introduction Language and culture are inextricably intertwined. Language is a cultural activity and is also embedded in cultural models and values. Every linguistic or discourse event is structured in a way by the culture that surrounds the speech event and speech community. This nexus of language and culture is referred to as linguaculture and languaculture by Paul Freidrich (1989) and Michael Agar (1994) respectively. According to the prominent figure Ronald Langacker (1999) language is an essential instrument and component of culture, whose reflection in linguisticShow MoreRelatedIntercultural Communication Shares Information Across Diverse Groups and Cultures827 Words   |  3 PagesThe term intercultural communication refers to a type of communication that is aiming at sharing information across diverse social groups and cultures. In general, intercultural communication describes wide range of communication processes that are naturally occurring in organizations which are made up of individ uals who are from different backgrounds. Today’s world has been characterized by increased communication between different people around the world resulting to establishment of contractsRead MoreNon-Verbal Communication and Inter-Cultural Communication Essay1249 Words   |  5 Pages Nonverbal communication is defined as the approach of conveying information and data by using speech, visuals, signs , behavior etc. Approximately 65% of the communication takes place through nonverbal attributes. Generally communication takes place with three steps. FIRST Is the thought or idea that comes in the mind of the sender. SECOND is the encoding which means sending message to the receiver in a particular gesture or sign or via a particular medium. THIRD is decoding of message which meansRead MoreCross Cultural Relationships1105 Words   |  5 Pagesmore internationally connected, the need to understand people from different cultures and how to interact appropriately with them also increases. 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A specific communication theory that will be highlighted is the Face-NegotiationRead MoreAnalysis Of The Movie Dead Poets Society 1653 Words   |  7 PagesThe movie on ‘Dead Poet’s Society’ produced in 1989 has a lot to learn from as far as leadership is concerned. The key figures that demonstrate various lead ership traits are John Keating and Mr. Nolan. Mr. Nolan who is the headmaster of Welton Academy School is concerned about the behavior of the new arrived English teacher- Mr. Keating. At one scene of the movie, Mr. Nolan is seen going to class and walking through the class midway while uttering some words from the Tchaikovsky’s 1812 overture (DeadRead MoreWal Marts Failure in Korea1166 Words   |  5 Pagesbetween different cultures and the way people communicate across different cultures. In our paper we will focus on the differences between Korean and American cultures and what effect these differences might have on conducting business between both sides. We will concentrate on a failure business case of Wal-Mart entry and withdrawl for the Korean market to explore these differences. Literature Review: Cultural orientations can be view as lying on a continuum with high – context cultures on one endRead MoreCase Study Questions On Business Communication1722 Words   |  7 PagesTo: maurice.benson@ahcd.com.au From: Lin.Ke@abcd.com.au Date: 11/10/2014 Subject: Report of recommendations for the business communication in Chinese workplace Dear Maurice: I was so pleased to receive this email and thanks for you giving me this opportunity. According to your request, my report titled â€Å"Recommendations for the business communication in Chinese workplace† attached as this email. The report illustrates three recommendations base on the following situations: Meet with your clientsRead MoreIntercultural Communication : Communication, And Interpersonal Communication850 Words   |  4 PagesI feel the ability to communicate with people across different cultural backgrounds is a strength that I have developed over time. Intercultural communication is the term given to communication that takes place between people whose cultural beliefs values and behaviours differ from one another (Buchanan 2015, p. 44). Cultural knowledge that is developed through socialisation and transferred from one generation to the next, shapes the way people communicate both verbally and nonverbally. It influencesRead MoreClynes Revision of Grices Maxims Essay2189 Words   |  9 PagesGrice’s Maxims have been criticised for being too Anglo-centric. Michael Clyne proposes revisions to the four maxims in his 1994 book Intercultural Communication at Work. Do Clyne’s revisions o f this model go far enough in universally accounting for intercultural conversation? Why or why not? Grice’s General Cooperative Principle has been under continuous debate for the past three decades. It is mainly through the maxims that Grice’s paradigm has been challenged as highly ethnocentric, howeverRead MoreViolence And Hate Crime And Violence Through Intercultural Praxis, Education, And Socially Responsible Actions1431 Words   |  6 Pagesprovide an intercultural approach to reduce the violence and the suffering that many communities face. This paper provides an intervention to hate crime and violence through intercultural praxis, education, and socially responsible actions. Social violence or crimes involves people from different cultures and their diversity lead to emergence of superiority and inferiority (In Sorrells In Sekimoto, 2015). Cultural groups that are seen as inferior are looked down upon by superior cultures which then

Drugs During The Civil War - 1421 Words

Drugs first surfaced in the United States in the 1800s. After the Civil War opium become very popular and was used medicinally. Following opium was cocaine which was also used as a health remedy but near the end of the 19th century opium and cocaine abuse peaked and local governments began to prohibit opium dens and importation. In 1914 the first federal drug policy, the Harrison Narcotics act, is passed and drugs are no longer seen as harmless remedies. The act aggressively regulated the manufacturing of marijuana, cocaine, heroin, and morphine. During the 50’s more federal drug policies were passed and drugs began to become more criminalized. The 60’s saw a rise in counter-culture and substances such as marijuana and LSD saw widespread use. The demand for drugs skyrocketed in the 1960s. In 1971 President Nixon declared drug abuse America s number one enemy and proclaimed that we must wave a all out offensive. After President Nixon declared the War on Drugs in 1971, th e United States has spent more than a trillion dollars on this failing policy that not only has had no effect on the amount of drugs being used in the United States and has increased the number of people incarcerated on drug charges from just 50,000 to over half a million, but also has helped fuel drug cartels and foment violence and death through overdoses from uncontrolled drug potency and turf wars between street gangs. The War on Drugs has an annual cost of $51 billion(Drug War Statistics. Drug Policy.Show MoreRelatedDrug Use And Health During The Civil War1585 Words   |  7 Pagesopioids were widely used during the Civil War, with numbers reaching up to ten million opioid pills for the Union Army alone. Morphine was essentially the cure-all on the battlefield. The result of this excessive and non-facilitated usage of morphine pills by soldiers was referred to as â€Å"army disease† or rather, opioid addiction. Centuries after the Civil War, similar staggering opioid addiction statistics exist today in modern America. According to the National Survey on Drug Use and Health (NSDUH)Read MoreThe ‘60s: Culture and Music Essay1478 Words   |  6 Pagesexpressed themselves through music during flourishing and turbulent times. In the 1930’s, Swing music created a platform for audiences to vent their emotions in the midst of Great Depression and political unrest. Such strong relatio nship between music and culture can be seen throughout history, especially in the sixties. The ‘60s were the age of youth, as millions of children’s from post World War II became teenagers and rebelled against the conservative fifties. Denying civil rights to African-AmericansRead MoreThe Slang Term For Doctors Of The Civil War1325 Words   |  6 PagesSawbones is the slang term for doctors of the Civil War. How an esteemed figure like as doctor could be associated with such a name might come as a surprise to those unaware of the gruesome medical tactics used on both sides of the war. A bonesaw, which is exactly what it sounds like, was a tool commonly used by doctors of the war to amputate limbs beyond repair caused by various types of weaponry, primarily gunshots. However barbaric they may seem, the medical treatments and procedures used on woundedRead MoreThe War On Drugs And The United States1555 Words   |  7 PagesThe War on Drugs has been an ongoing effect ever since the Civil War introduced the drug morphine to the world. In the years since people h ave been coming up with drugs more lethal than morphine such as cocaine, methamphetamine, heroin, and so on and so forth. The War on Drugs is dangerous and leads to many deaths throughout the years. America has set up agencies such as the Drug Enforcement Agency (DEA) and other drug task force teams throughout the United States. Even though we may not be ableRead MoreThe Geo Group : A Case For Human Rights Watch965 Words   |  4 Pagescompanies are not really acting like probation officers at all but debt collectors,† says Chris Albin-Lackey, Senior Researcher for Human Rights Watch. Someone can easily be thrown back in jail if they simply get behind on those payments, fail a drug test, miss a parole appointment, or fail to maintain employment. Two thirds of parolees in the year 2000 were sent back to prison from those types of technical violations, rather from actual crimes. In addition, 87% of people in 2008 who were facingRead MoreAmerica s War On Drugs1539 Words   |  7 Pages On June 17th, 1971, President Richard Nixon declared drug abuse to be â€Å"America’s Public Enemy #1† in a press conference in which he called for an â€Å"all out offensive† against this enemy, an initiative that would later be known as America’s War on Drugs. 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In the summer of 1941, FDR ceased the export of oil to Japan because of Japans invasion and takeover of French Indochina. Pearl Harbor, the U.S government have been secretly preparing for a Japanese invasion putting in provisions to incarcerate all Japanese-Americans predominantly on the west coast of the United States. During the four years that the U.S and Japan were at war with one anotherRead MoreEssay about The Counterculture899 Words   |  4 Pageslifestyle of the hippies were in sharp contrast to the conservative nature of the older generation, which defined them as a counterculture. The hippie lifestyle was based on free love, rock music, shared property, and drug experimentation. They introduced a new perspective on drugs, freedom of expression, appearance, music, attitudes toward work, and held a much more liberal political view than mainstream society. One of the main effects that the hippies made is the appearance of the AmericanRead MoreThe New Jim Crow Essay1052 Words   |  5 Pagesslavery or Jim Crow, America has found a new way to continue the marginalization of blacks by using the criminal justice system. In Michelle Alexander’s book â€Å" The New Jim Crow†, she shows how America’s â€Å" War on Drugs â€Å" has become a tool of racial segregation and how the discretionary enforcement of drug laws has resulted in an overwhelmingly negative affect on its black population. In the early days of colonial America, slavery was not as common as we would think. The primary method of securing the

Sarbanes-Oxley Whistleblower Free Essays

Catherine Zulfer, a former employee of playboy filed a suit against them alleging that Playboy Enterprises violated provisions of the Sarbanes-Oxley Act of 2002. The former employee reports that playboy retaliated against her for refusing to participate in fraudulent activity against Playboy’s shareholders (Katz, Marshall Banks, LLP, 2013). Without receiving permission from the board of directors, Christopher Pachler, Chief Financial Officer, instructed Zulfer to gather one million dollars in bonuses for various corporate officers of the company. We will write a custom essay sample on Sarbanes-Oxley Whistleblower or any similar topic only for you Order Now At that time Zulfer felt that Pachler was attempting to embezzle the money from the company, therefore she denied the request until it was approved by the board. Zulfer then informed Playboys General Counsel and the Securities and Exchange Commission of the request that was made by Pachler. Soon after Zulfer made the report, she claims that retaliation against her began. She was excluded from company meetings and discussions, crucial information to her position was withheld from her, and her accounting staff was diminishing (Katz, Marshall Banks, LLP, 2013). On December 31, 2011 Zulfer was terminated, although Playboy describes it as a layoff. Issue: Did Playboy violate the whistleblower-protection provisions of the Sarbanes-Oxley Act of 2002 (â€Å"SOX†)? Rule: The Playboy Company retaliated against Zulter for refusing to participate in fraud regarding the playboy shareholders. Under the Sarbanes-Oxley Act of 2002, (SOX) one rule prohibits any employer from retaliation against and employee. Another rule is that under this law employees are protected when they speak of a wrongdoing within the workplace. â€Å"Under SOX, employers are strictly prohibited from retaliating against employees who report illegal or unethical conduct. Employees are also protected when making disclosures about shareholder fraud or violations of SEC rules and regulations. † (Halunen, p. 1, Para. 1) Analysis: Append reflection Zulter dismissal was retaliation against her by the playboy company, because she reported and activity of fraud with the playboy shareholders. In this case, Zulter was continually excluded from meetings and discussions, withholding crucial information she needed to carry out her corporate accounting responsibilities, and eliminating corporate accounting staff. Conclusion: In the end, the courts dismissed playboy’s argument reaffirming that under the bylaws of (SOX) employees are protected from employees from retaliation for reporting violations of â€Å"any rule of regulation of the SEC. Zulfer was protected under the SOX Act, whistle-blower‘s of publicly traded companies are protected. Employers are not supposed to retaliate or discriminate against employees in the terms and conditions of their employment. The plaintiff provided information regarding violations the company was participating in; the violations that can be of a federal fraud statute, a rule or regulation of the SEC, or a provision of Federal law relating to fraud against shareholders. The team agrees that Zulfer was protected under the Act and that the Act is there to bring forth more white collar crimes that would not otherwise be disclosed if the was not there to protect and compensate. SOX promotes honesty without fear, the whistle-blower provisions of the SOX Act provides a general framework for ensuring that employees (including attorneys and auditors) disclose information which may harm investors. How to cite Sarbanes-Oxley Whistleblower, Papers Sarbanes-Oxley Whistleblower Free Essays Catherine Zulfer, a former employee of playboy filed a suit against them alleging that Playboy Enterprises violated provisions of the Sarbanes-Oxley Act of 2002. The former employee reports that playboy retaliated against her for refusing to participate in fraudulent activity against Playboy’s shareholders (Katz, Marshall Banks, LLP, 2013). Without receiving permission from the board of directors, Christopher Pachler, Chief Financial Officer, instructed Zulfer to gather one million dollars in bonuses for various corporate officers of the company. We will write a custom essay sample on Sarbanes-Oxley Whistleblower or any similar topic only for you Order Now At that time Zulfer felt that Pachler was attempting to embezzle the money from the company, therefore she denied the request until it was approved by the board. Zulfer then informed Playboys General Counsel and the Securities and Exchange Commission of the request that was made by Pachler. Soon after Zulfer made the report, she claims that retaliation against her began. She was excluded from company meetings and discussions, crucial information to her position was withheld from her, and her accounting staff was diminishing (Katz, Marshall Banks, LLP, 2013). On December 31, 2011 Zulfer was terminated, although Playboy describes it as a layoff. Issue: Did Playboy violate the whistleblower-protection provisions of the Sarbanes-Oxley Act of 2002 (â€Å"SOX†)? Rule: The Playboy Company retaliated against Zulter for refusing to participate in fraud regarding the playboy shareholders. Under the Sarbanes-Oxley Act of 2002, (SOX) one rule prohibits any employer from retaliation against and employee. Another rule is that under this law employees are protected when they speak of a wrongdoing within the workplace. â€Å"Under SOX, employers are strictly prohibited from retaliating against employees who report illegal or unethical conduct. Employees are also protected when making disclosures about shareholder fraud or violations of SEC rules and regulations. † (Halunen, p. 1, Para. 1) Analysis: Append reflection Zulter dismissal was retaliation against her by the playboy company, because she reported and activity of fraud with the playboy shareholders. In this case, Zulter was continually excluded from meetings and discussions, withholding crucial information she needed to carry out her corporate accounting responsibilities, and eliminating corporate accounting staff. Conclusion: In the end, the courts dismissed playboy’s argument reaffirming that under the bylaws of (SOX) employees are protected from employees from retaliation for reporting violations of â€Å"any rule of regulation of the SEC. Zulfer was protected under the SOX Act, whistle-blower‘s of publicly traded companies are protected. Employers are not supposed to retaliate or discriminate against employees in the terms and conditions of their employment. The plaintiff provided information regarding violations the company was participating in; the violations that can be of a federal fraud statute, a rule or regulation of the SEC, or a provision of Federal law relating to fraud against shareholders. The team agrees that Zulfer was protected under the Act and that the Act is there to bring forth more white collar crimes that would not otherwise be disclosed if the was not there to protect and compensate. SOX promotes honesty without fear, the whistle-blower provisions of the SOX Act provides a general framework for ensuring that employees (including attorneys and auditors) disclose information which may harm investors. How to cite Sarbanes-Oxley Whistleblower, Papers

International Financial Reporting Business Estate Industry

Question: Describe about the International Financial Reporting for Business Estate Industry. Answer: a. Impacts Of Ifrs 16 On Real Estate Industry- S P Setia Berhad Group The key impacts expected to be witnessed by S P Setia Company As A Result Of IFRS 16 includes the following. From a perspective of a lessor's P Setia being in real estate industry might experience an increase in its operational costs as a result of revised lease terms by lessees. This is because there is an anticipation of the existing lessees to negotiate their lease terms ,to be short term and include more variables costs , in an endeavour to mitigate the adverse effects of reporting on their balance sheet. Therefore, a shift in trend will see S P Setia profits margins being affected negatively as a result of transferring the variable cost burden to them by lessees(EarnestYoung, 2016) Another notable effect in S P Setia company will be a shift from its existing leasing business currently valued at $ 7,117,543.00 million to the business of real estate selling . The expected increase in operational cost may make S P Setia find leasing business unattractive and reconsider the business of selling which is not characterised by increased operational cost (Natalie Tatiana Churyk, 2015). Real estate industry which S P Setia operates in is also expected to experience a shift in demand by lessees from leasing premises to owning . Lessees might find leasing unattractive as a result of the identified distortions of fundamental ratios is their balance sheet as a result of the adoption of IFRS 16 (IFRSFoundation, 2016) As a result of a shift in business, S P Setia will also experience a drop in its non-current assets by -93% as a result of the classification of the existing underlying lease assets into Current assets . Current assets will increase by 81% (appendix 1). This will, in turn, make S P Setia company liquidity ratios to raise as a result of a change in business .For example, current ratio will rise by 157% (Appendix 2). However, the increase in a current ratio of S P Setia to 352% from the current 194% (appendix 2) may not be sustainable in the long-run since the expected high demand for real estate purchases might only be experienced at the inception of the standard (Karen Wong, 2015). Also, the shift in business patterns by both S P Sitia and its lessees could trigger an increase in lease costs. This is because S P Sitia will need to cushion itself against increased operating costs resulting from the changes. This will make the companies in real estate who are the lessor to adjust prices upwards for them to accommodate the new lease terms anticipated (EarnestYoung, 2016). S P Setia and other companies in real estate will not be affected by the IFRS 16 directly as most of them are lessors in lease agreements. However, their key customers will be affected by the standard hence triggering the effects identified above the industry . (Natalie Tatiana Churyk, 2015) b) Impacts Of Ifrs 16 On Financial Services-Hong Leong Bank Berhad The key fundamental ratios in HLBank like CET 1 and Tier 1 which are currently at 11.147% and 12.297% will reduce to 10.20% and 11.32% respectively when the operating leases are introduced to the balance sheet (Appendix 3). This indicates that IFRS 16 will have to reduce the two capital ratios of banks with considerable operating leases. This will in turn trigger the banking regulators to demand additional capital from the bank if the reduction in core capital goes below the minimum required rates. For Example, the minimum required CET 1 and Tier 1 capital in Malaysia for a bank like HLB is 4.5% and 6% respectively(EarnestYoung, 2016). HLBank will be necessitated to change their risk appraisal processes currently in place in order to accommodate their customers who are adversely affected by the IFRS 16. This is because some class of HLBank customers who have operating leases in their books will experience distortion of their fundamental risk ratio like , gearing ratios ,which will make them not to qualify for loan facilities as per the current credit appraisal processes(Lindstedt, 2012). This will make the affected customers negotiate their existing debt covenants with the banks in order to mitigate the balance sheet effects of IFRS 16(Karen Wong, 2015) Due to this negotiation by lessees , HLBank can end up losing some considerable part of their returns attributable to the leases. This is because affected customers might demand low rates in an attempt to minimise the balance sheet effects . In addition, HLBank can end up loosing interest income from its current lease portfolio valued at RM 678,579 million if those customers consider the finance lease unattractive. Therefore, adoption of IFRS 16 will lead to HLBank and its industry peers to lose an important portfolio in their current finance lease or end up accepting low rates on the loans in order to maintain the portfolio(EarnestYoung, 2016) The banking industry is known for operating in leased premises in an attempt to free up working capital. This has been the practice and HLBank is not an exception for it holds RM 16,084,000 in operating leases in its balance sheet. This norm is anticipated to change with the adoption of IFRS 16 as HLBank will opt an alternative to existing operating leases which will minimise the adverse effects of the standard in their books. This alternative will involve owning the banking halls, negotiating with the service providers for separation of none-lease components from the main lease which will lead to fewer assets and liabilities as compared to long fixed term leases. Finally, they may negotiate with service providers for a variable payment which will reduce the adverse effects on their balance sheets(EarnestYoung, 2016). The banking industry has been using Sale and leaseback operations as a soft means of financing without recognising them in their books of accounts. This aspect has been facilitating banks to play around with its core capital ratios in order to comply with regulatory minimum requirements. This will no longer be attractive to banks/ lessees as IFRS 16 now mandates both parties is sale and leaseback arrangements to recognise the transactions in balance sheets. Therefore , IFRS 16 will be anticipated to reduce the number of sale and leaseback transactions significantly in the banking industry (EarnestYoung, 2016). c) Impacts Of Ifrs 16 On Airline Airasia Berhad An earlier research which was done had indicated that Airline industry will be the second highly affected industry by IFRS 16 (PWC, 2016). AirAsia will experience an abnormal increase in its leverage ratios as a result of the adoption of IFRS 16 (appendix 4). This is because AirAsia will be required to adjust its balance sheet assets and liabilities by RM 94,534,585 currently reported as off-balance sheet item. This shift will lead abnormal growth in assets value and liabilities by 443.49% and 560.52% (appendix 5) respectively in the AirAsia books (PWC, 2016) .This will lead to an abnormal increase in risk measure of AirAsia (appendix 4) making it look less attractive to various stakeholders like potential investors, lenders, creditors among others(Patricia Sandblom, 2015) Another significant effect is on EBITDA of AirAsia Company which will be expected to increase as a result of increased finance cost, amortisation and depreciation as preparers of financial statements will be required to report lease rentals as separate components of interest on lease liability and depreciation / amortisation of right of use assets (Appendix 6). Finally , AirAsia ROCE which is a key performance ratio in the airline industry will improve significantly as EBITDA will increase as a result of the adoption of the standard (appendix 4).It is used to measure efficiency on invested capital in the firm(Deloitte, 2016) AirAsia will also be necessitated to review its current business process and strategies to avert the negative effects in its books as a result of adopting IFRS 16 as follows. The company will consider reducing the current lease terms of Aircraft in order to reduce the liabilities therein(appendix 5). This is because shorter lease terms will see fewer liabilities recognised in their balance sheet hence controlling the leverage levels associated with increased liabilities. Also, AirAsia will start to negotiate their existing leases terms to have their big portions of their lease to be based on flying hours . In such cases, the contract will not amount to lease (where payment of lease rentals are based on flying hours) hence will end up mitigating the effects of increased liabilities and assets considering how significant AirAsia engage in lease of expensive aircraft(Deloitte, 2016) It can be observed that AirAsia lease contracts are dollar denominated . This will significantly be affected by foreign currency volatilities which would lead the company to forex losses in AirAsia income statements when making the interest payments and when translating the liabilities and assets into a functional currency(RM).To minimise this, AirAsia will need to negotiate with its suppliers of aircraft to keep the lease agreement on RM currencies(Natalie Tatiana Churyk, 2015).However, although AirAsia suppliers will not be affected by the IFRS16 ,they will also need to reconsider changing their business processes to accommodate the change in leasing trends expected in the airline industry .They will re-evaluate the business implications as a result of revised lease terms as for example AirAsia may opt for lease contracts based on flying hours , this will lead to an increase in their operational cost hence reducing their profits margins(PWC, 2016) References AirAsia, 2016. Annual Report 2015, s.l.: AirAsia Berhad. Deloitte, 2016. IFRS industry insights-Aviation sector - the implication of the new standard. IFRS 16-implication of the new standard, pp. 1-2. EarnestYoung, 2016. Applying IFRS 16 in Financial services. Applying IFRS 16 in Financial services, 1(1), pp. 1-13. EarnestYoung, 2016. Applying IFRS 16 In Financial services. Applying IFRS 16 In Financial services-IASB issues a new leases standard, pp. 1-18. HLBank, 2016. 2015 annual Report, Kaula Lumpur: Hong Leong Bank Berhad. IFRSFoundation, 2016. IFRS 16 leases. IFRS, pp. 1-20. Karen Wong, M. J., 2015. The Impact of lease capitalization on financial statements and key ratios :Evidence from Australia. Australasian accounting,Business and Finance Journal, 9(3), pp. 24-44. Kumbirai, M., 2010. A Financial Ratio Analysis of commercial Bank Performance in south Africa. Africa Centre for economics and Finance, pp. 30-53. Lindstedt, L., 2012. Consequences of the new lease standard, s.l.: Goteborgs University. Natalie Tatiana Churyk, A. R. H. L., 2015. Leasing: reducing the game of hiding risk. Journal of accounting and organisational change, pp. 162-174. Patricia Sandblom, A. S., 2015. The value Relevance of the proposed New leasing standard, s.l.: University of Gothenburg. PWC, 2016. In the spotlight-Impacts of IFRS 16 to Airlines. IFRS 16 -Leases, pp. 1-10.