Are there any users out there who are across the accounting world and also find AASB 16 and it's impacts on financials frustrating?
I find it actually makes analysing financials a little bit harder - generally if a company is in good health then I don't really care how long they have left on their leases and stripping out the right of use assets and the lease liabilities from the balance sheet is just a hassle. Interpreting the P+L and cashflow statements to see how much they are actually paying in rent for leased assets is also quite hard for me to do and I think it hinders my analysis.
Would be keen to here anyone elses thoughts.