The decision has been taken by the International Accounting Standards Board (IASB): IFRS 16 Leases will be effective for accounting periods beginning on or after 1 January 2019. Are you ready for the sweeping changes?
To help you prepare, KPMG’s IFRS Newsletter: Leases provides you with an update on the IFRS developments on the new international standard for accounting for leases and makes an overview of the latest IASB discussions of the leases project.
Highlights in this issue:
For more detail on the latest developments on the leases project and what the IASB’s decisions could mean for you, please go to KPMG’s IFRS Newsletter: Leases (PDF 1.35MB).
We would be delighted to discuss any questions you might have to help you prepare for IFRS 16 Leases.