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IFRS | Are you ready?

IFRS | Are you ready?

The IFRS on leases is effective from January 2019. Are you ready for it?

The IFRS on leases is effective from January 2019. Are you ready for it?

IFRS 16 Leases, which is effective for annual periods beginning on or after 1 January 2019, requires recognition of most leases on the balance sheet. It changes the accounting treatment of leases by lessees substantially. For some, the new standard will have a significant impact on their financial KPIs and their systems and processes.

The new insurance contract standard (IFRS 17) brings fundamental changes to international insurance accounting.

Please find below our websites dedicated to the new standards. You can also find the effective dates of IFRS in the EU and outside the EU in our IFRS Calendar.

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