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What is IFRS 16? A Complete Guide to Understanding Lease Accounting

 

Download our IFRS 16 Guide

IFRS 16 is a lease accounting standard developed by the International Accounting Standards Board (IASB), issued on January 13, 2016, and effective for annual periods beginning on or after January 1, 2019. The new standard replaces the previous lease accounting standard, IAS 17, and introduces significant changes in how leases are accounted for and reported in financial statements. Complete the form below to get our comprehensive guide to IFRS 16.

This paper covers:

Overview of IFRS 16 

IFRS 16: Who and What is Included?

Key Terminology to Be Familiar With 

Accounting Treatment of Leases under IFRS 16

Disclosure Requirements under IFRS 16

Implementation Considerations for IFRS 16

 

Is this resource free?

Yes. Nomos One employs a team of experts who live and breathe IFRS 16. We want to share our knowledge with you so your implementation project and ongoing reporting requirements are as efficient, accurate and simple as possible.

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