IFRS 16 and Individual Liquidity Guidance: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Be explicit on scope.)
 
imported>Doug Williamson
(Add link.)
 
Line 1: Line 1:
International Financial Reporting Standard 16, dealing with leases.
''UK bank supervision''


(ILG).


IFRS 16 is effective from 1 January 2019.  
Individual Liquidity Guidance is guidance given to a regulated institution about the amount, quality and funding profile of liquidity resources that the regulator has asked the institution to maintain.


In broad terms, it requires all lease liabilities to be accounted for 'on balance sheet', by companies reporting under international financial reporting standards.


This change will remove the former distinction between [[operating lease]]s and [[finance lease]]s.
==See also==
 
*[[Buffer]]
IFRS 16 replaces IAS 17: Leases.
*[[Individual Capital Guidance]]
 
* [[Internal Liquidity Adequacy Assessment Process]]  (ILAAP)
 
*[[LAB]]
Issued by the International Accounting Standards Board.
* [[Liquidity]]
*[[Liquidity Coverage Ratio]]
*[[Liquidity risk]]
*[[Pillar 1]]
*[[Pillar 2]]
*[[Prudential Regulation Authority]]


 
[[Category:Accounting,_tax_and_regulation]]
==See also==
[[Category:The_business_context]]
*[[Finance lease]]
[[Category:Identify_and_assess_risks]]
*[[Operating lease]]
[[Category:Manage_risks]]
*[[IAS 17]]
[[Category:Risk_frameworks]]
*[[Lease]]
[[Category:Risk_reporting]]
*[[International Financial Reporting Standards]]
[[Category:Liquidity_management]]

Latest revision as of 20:51, 4 July 2022

UK bank supervision

(ILG).

Individual Liquidity Guidance is guidance given to a regulated institution about the amount, quality and funding profile of liquidity resources that the regulator has asked the institution to maintain.


See also

Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=IFRS_16&oldid=26967’