Transition to IFRS 16

This is the second in a series of webcasts that the International Accounting Standards Board is providing to support the implementation of IFRS 16.

From IFRS Directly:

“The IASB staff have recorded a web presentation discussing the transition requirements for lessees in IFRS 16 Leases.

The webcast provides a detailed walk-through of the transition requirements for those leases previously classified as operating leases applying IAS 17 Leases. In the webcast, the IASB staff work through the transition steps that a lessee will need to undertake and at each stage highlight the transition reliefs available and the decisions that need to be made. For more information and supporting materials on IFRS 16 please go to:

Discuss the IFRS 16 Transition with Cortell

Contact David McWilliam to set up some time or discuss your requirements

Cortell provides an IBM Planning Analytics application to accelerate and simplify lease reporting under IFRS 16

Find out how our application can facilitate your IFRS 16 transition and future reporting success.