IFRS 16 is set to transform how companies reporting under IFRS recognise, measure, present and disclose leases. The new single lessee accounting model requires compliance from January 1st 2019 and is ...

A lease is a form of agreement wherein, as defined by International Accounting Standard 17, a lessor conveys to the lessee, in return for a payment or series of payments, the right to use an asset for ...

Lease accounting has undergone significant changes in recent years, with new standards being introduced to improve transparency and comparability in financial reporting. Three major standard-setting ...

These annual improvements are so sufficiently minor or narrow in scope that they were packaged in one document, even though the amendments are unrelated. Annual improvements are limited to changes ...