Past Events

IFRS 16 Leases

IFRS 16 Leases was issued by the International Accounting Standard Board in January 2016. It will replace IAS 17 Leases for reporting periods beginning on or after 1 January 2019. IFRS 16 sets out a comprehensive model for the identification of lease arrangements and their treatment in the financial statements of both lessees and lessors.  The financial impact for the adoption is IFRS 16 could be significant.