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IFRS 16 resources

IFRS 16 Leases has been published and is effective for periods beginning on or after 1 January 2019.  The FRC expects companies to apply this new standard properly and provide sufficient specific disclosure of the impact including key judgements made and clear communication of the transition methods adopted. It has published a thematic review to help companies with disclosures in this area.    

This page includes all of our resources on IFRS 16 to help preparers for the forthcoming reporting season.  It includes links to:

Additionally this page includes groupings for:

IFRS 16 resources

Robert Bruce interviews — Bringing greater clarity to leases: IFRS 16

13 Jan 2016

In this video interview, Robert Bruce talks with IASB Chairman, Hans Hoogervorst and Deloitte's Global IFRS Leader, Veronica Poole about the new Standard on lease accounting, IFRS 16. The 14-minute video interview discusses: the implications of the new Standard; its implementation; why it was required; what changes it will bring about; what companies, investors, and the capital markets need to know and understand; and the issues which they are all going to have to tackle in the coming years as a result.

The Bruce Column — Bringing clarity to leases: The new standard

13 Jan 2016

IFRS 16, the long-awaited standard on leasing, is published. Now the task of implementing it begins. Our resident, regular columnist, Robert Bruce, takes a look at what is involved.

IASB issues new leasing standard

13 Jan 2016

The International Accounting Standards Board (IASB) has published a new standard, IFRS 16 'Leases'. The new standard brings most leases on-balance sheet for lessees under a single model, eliminating the distinction between operating and finance leases. Lessor accounting however remains largely unchanged and the distinction between operating and finance leases is retained. IFRS 16 supersedes IAS 17 'Leases' and related interpretations and is effective for periods beginning on or after 1 January 2019, with earlier adoption permitted if IFRS 15 'Revenue from Contracts with Customers' has also been applied (subject to EU endorsement).

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.