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IFRS 16 – The New Lease Accounting Standard

IFRS 16 Leases was published by the International Accounting Standards Board (IASB) on 13th January 2016 and will entail far-reaching changes for lessees. Accordingly, they must capitalize all assets from leases in their balance sheet and recognize the corresponding payment obligation as a liability in the future. This means that not only the picture of the balance sheet will change accordingly, but also the key figures of many enterprises – particularly those that have large numbers of leased assets.

The following white paper, written by Bianca Ihlenfeldt, In-house Consultant at LucaNet AG, gives you an overview of the essential modifications and effects resulting from the new leases standard for lessees.

Interested in reading this white paper?

Request free of charge now!

Please fill in the form. We will send you the document straight away.