IFRS 16
FEATURED ARTICLES
All articles in this category pertain to IFRS 16. IFRS 16 is the current IASB lease accounting standard, superseding IAS 17. The main difference between the two standards is that under IFRS 16 there is no longer a classification difference between operating and finance leases.
Learn more about IFRS 16 below.
Recent articles
Lease Accounting Explained: New Standards, Lessee vs. Lessor, Changes, Calculations, & More
This article provides an overview of lease accounting, including defining lessee and lessor, updates to the accounting standards, and the benefits of a software solution.
Benefits of Lease Accounting Software for Dual-Filers
Explore the benefits of accounting software for dual-filing.
Accounting for Impairment of Lease Receivables under IFRS 9
An overview of accounting for impairment of lease receivables under IFRS 9.
IFRS 16 Disclosure Requirements for Lessees with Examples
Learn the disclosure requirements for lessees under IFRS 16.
Right-of-Use Asset (ROU Asset) and Lease Liability for ASC 842, IFRS 16, and GASB 87 Explained
Learn how to calculate the lease liability and ROU asset under ASC 842 and IFRS 16.
How to Account for Leases under IFRS 16 for Small Businesses
How to account for leases under IFRS 16 for small businesses.
