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The International Accounting Standards Board (IASB)’s forthcoming new standard on lease accounting, IFRS 16 Leases, will have broad implications across all industries, particularly for lessees.
In this webcast, a panel of professionals, featuring Patrina Buchanan from the IASB staff and EY practitioners, will discuss the requirements of IFRS 16, including:
- How to identify a lease
- What the impacts will be on lessees’ financial statements
- When IFRS 16 will apply and how to transition to it
Throughout the webcast, the panel will discuss practical considerations for planning for adoption.