IFRS 16 ‘Leases’ applies to most entities reporting under IFRS Accounting Standards that engage in leasing transactions and often has a significant impact on lessees’ financial statements, particularly in relation to property and high‑value equipment.

Our Insights into IFRS 16 series summaries key areas of the standard and aims to demystify those key requirements that are challenging to apply in practice.

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8 articles available

IFRS 16

IFRS 16 - Definition of a lease

Although IFRS 16 has been in effect since 2019, there are still a number of areas that can be challenging in practice. Our ‘Insights into IFRS 16’ series summaries key areas of the standard and aims to demystify those key requirements that are challenging to apply in practice. This article considers the definition of a lease when applying IFRS 16.

Sarah Carroll
| Less than a minute | 06 Jul 2026
IFRS 16

IFRS 16 - Sale and leaseback accounting

Although IFRS 16 has been in effect since 2019, there are still a number of areas that can be challenging in practice. Our ‘Insights into IFRS 16’ series summaries key areas of the standard and aims to demystify those key requirements that are challenging to apply in practice. This article considers the definition of a lease when applying IFRS 16.

Sarah Carroll
| Less than a minute | 06 Jul 2026
IFRS 16

Presentation and disclosure

Need help identifying the IFRS 16 presentation and disclosure requirements? We provide a series of examples illustrating one possible way they might be presented.

2 min read | 31 Jul 2019
IFRS 16

Lease incentives

Lease incentives may take various forms depending on the negotiation between the lessee and the lessor. How can you identify a lease incentive and when does the accounting treatment change?

3 min read | 07 Oct 2020
IFRS 16

Lease payments

Deciding which payments need be recognised in the measurement of the liability and how changes in those payments are recognised often involves considerable judgement.

Sarah Carroll
| 1 min read | 27 Feb 2019
IFRS 16

Lease term

Under IFRS 16 Leases, determining the correct lease term is significant for a number of reasons, find out why in our latest IFRS 16 insight.

Sarah Carroll
| 3 min read | 05 Dec 2018
IFRS 16

Interim periods

How do you treat a variable lease payment in the financial statements of an interim period?

Sarah Carroll
| 3 min read | 21 Nov 2018
IFRS 16

Understanding the discount rate

Are you prepared for IFRS 16? Do you understand the discount rate? Find out more

Sarah Carroll
| 10 min read | 11 Nov 2018