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Introduced by Sofema Aviation Services (SAS) www.sassofia.com Introduction – What is IFRS 16? IFRS 16 brings in a requirement which provides a single lessee accounting model. Requires a lessee to recognise assets and liabilities for all leases with a term of more than 12 months, unless the underlying asset is of low value. A lessee…

Review by Sofema Aviation Services (SAS) www.sassofia.com Introduction to the Core Principles of Human Performance Our performance is variable and changes throughout the day (also affected by our general well-being). We have a tendency to use mental shortcuts (called heuristics) that allow us to “speed up” our decision-making; however, these can lead to poor decisions…

A review carried out by Sofema Aviation Services (SAS) www.sassofia.com Introduction With approval from EASA, it is possible to develop an Alternative Method of Compliance with an Airworthiness Requirement. (Each AMOC application should relate to one AD only.) An Alternative Method of Compliance (AMOC) is an EASA approved deviation to an AD. It is a…

Sofema Aviation Services (SAS) www.sassofia.com looks at the management approach to ensure effective management of the Organization’s Strategic Development. Introduction Strategic Planning provides an approach whereby goals, as well as short-term & medium-term objectives, are identified by the leadership team and communicated at all levels throughout the organisation. Through strategic planning, the organisation is able…