IFRS 16: Leases

Leasing is an important financial solution used by many organisations. It enables companies to use property, plant, and equipment without needing to incur large initial cash outflows.

IFRS 16, ‘Leases’ defines how the customer (lessee) and supplier (lessor) account for leases. The lessee will recognise a financial liability and right-of-use asset for most leases. Judgemental areas include identifying which contracts are in scope of IFRS 16, the lease term and the discount rate.

Hear directly from our IFRS 16 experts in our latest video series

IFRS 16 - Beyond the Implementation

2019 IFRS 16 Post-Implementation Survey


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