IFRS 16 requires all material operating leases to be recorded on balance sheet from 1 January 2019. For some companies with large, complex or geographically diverse lease portfolios, this will present a significant change. The impact extends far wider than the accounting function, so stakeholders from other areas of the business including: IT, Treasury, Tax, Reward and Investor Relations need to be engaged early.
Helping you implement IFRS 16: our leasing transition tools
We can help you achieve an efficient and effective transition to IFRS 16.