IFRS 16

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Revision as of 13:57, 7 January 2016 by imported>Doug Williamson (Expand.)
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International Financial Reporting Standard 16, dealing with leases.

IFRS 16 is effective from 1 January 2019. It requires all lease liabilities to be accounted for 'on balance sheet', removing the former distinction between operating leases and finance leases.


Issued by the International Accounting Standards Board.


See also

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