IDK! but I like it!

'1. Pre-Categories, Ex: "Newsletter"

'2. Action Categories: "Follow Up" (red) - you are responsible for the outcome and only you can take action. "Waiting" (yellow) - you are responsible for the outcome but you need SOMEONE ELSE to take action. "Read Through" (green) - Emails you want to consistently refer back to in the future.

'1. IFRS 16 (International Financial Reporting Standards) was released in 2016 (it replaced IAS 17) by IASB (International Accounting Standards Board)

'2. IFRS 16 had a substantial impact on the accounting for lessees because it requires lessees to capitalize all leases (with two exceptions). This means lessees must recognize a "right-of-use" asset and a "lease liability" upon commencement of a lease.

'3. The goal of IFRS 16 was to increase transparency in financial reporting. Prior to IFRS 16, lessees could structure leases so that the lease liability didn't appear on their statement of financial position (aka balance sheet). Thus, leases were used as a means of off-balance sheet financing (to keep debt off a company's balance sheet).