[White Paper] How to prepare for IFRS 16 Lease Accounting in the Public Sector

Changes to requirements for lease accounting have been on the cards for some time and whilst it has now been deferred to 1st April 2024, it is never too early to get prepared for IFRS 16. Under the new rules, operating leases as well as finance leases will need to be accounted for on the balance sheet and this shift of focus will require not only an asset reclassification exercise, but also the ability to account for lease details on the balance sheet.

This paper aims to explain the IFRS 16 requirements, explore the challenges ahead and outline the options available to ensure compliance.

Please complete the form to download your copy.

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