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IFRS 16: What does the future hold for your lease contracts?
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IFRS 16: The future of your lease contracts
In January 2016, the IASB published IFRS 16, its new accounting standard on leases. This signals the end of a major and often controversial project, which aimed to provide a more faithful representation of leases in IFRS financial statements.
Companies have until January 1, 2019 to prepare for this change.
It is important to become familiar immediately with the new definition of a lease and with the new accounting model.
This publication will allow you to anticipate all the impacts of the IFRS 16.