IFRS 16 – Leases

For more on our IFRS 16 course, click here.

The new leases standard for 2020 is taking the financial world by storm.

Here are three crucial points to zero in on as you apply the new standards:

• Document key recognition and measurement judgments.
• Compile all the data needed to make notes on the balance sheet.
• Be prepared to clarify all changes to KPIs, Profit & Loss and the accounting report.

For more from The IFRS Foundation on IFRS 16, click here.