IFRS 16: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with Operating lease and Finance lease pages.) |
imported>Doug Williamson (Order links.) |
||
| Line 8: | Line 8: | ||
==See also== | ==See also== | ||
*[[Finance lease]] | |||
*[[Operating lease]] | |||
*[[IAS 17]] | |||
*[[Lease]] | |||
*[[International Accounting Standards Board]] | *[[International Accounting Standards Board]] | ||
Revision as of 08:48, 13 January 2016
International Financial Reporting Standard 16, dealing with leases.
IFRS 16 is effective from 1 January 2019. In broad terms, 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.
