prepare a report for the CFO considering the potential impacts of the changes in the accounting standard. a) With reference to MYR identify and summarise the current accounting policies (AASB117) relating to leases of premises. b) With reference to MYR identify and summarise the proposed accounting policies (AASB 16) relating to leases of premises. c) With reference to MYR explain the potential impacts of the changes in the accounting standard on the financial reports (balance sheet and income statement impacts). d) Evaluate the potential economic consequences for MYR of the changes the accounting standard.