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.

Risk and regulation (1)
Sustainability (16)
Accounting and Outsourcing (5)
Advisory (1)
Assurance (25)
Compilation of financial statements (5)
Blog (2)
Reports (3)
Technical update (5)
Viewpoint (3)

124 articles available

ISSB provides further transitional reliefs for first year reporting

Sustainability

The International Sustainability Standards Board (ISSB) has added to the transitional reliefs it already had proposed in relation to the adoption of its first two Sustainability Standards. In their first year of reporting, entities will only need to report sustainability risks and opportunities in relation to climate.

Sarah Carroll
| 2 min read | 13 Apr 2023

What are sustainability scope 1, 2 and 3 emissions?

Sustainability

Green House Gas (GHG) emissions are classified into categories of Scope 1, Scope 2 or Scope 3. This is a way of grouping emissions between those created by the company and those created by its wider value chain.

Sarah Carroll
| 2 min read | 22 Mar 2023

Goodwill accounting – is it a never-ending story or is a compromise possible?

Goodwill accounting – is it a never-ending story or is a compromise possible?

Accounting is a language that does not live from being conceptually perfect, but from being generally accepted and understandable

Prof. Dr Thomas Senger
| 4 min read | 06 Mar 2023

International Sustainability Standards Board confirms effective date of new Standards

Sustainability

The International Sustainability Standards Board (ISSB) confirms the effective date of its new Standards

Sarah Carroll
| 2 min read | 02 Mar 2023

Insights into IAS 36

INTERNATIONAL FINANCIAL REPORTING STANDARDS

Insights into IAS 36 provides assistance for preparers of financial statements and help where confusion has been seen in practice.

17 Feb 2023

IAS 36 - Other impairment issues

IFRS - IAS 36

The articles in our ‘Insights into IAS 36’ series have been written to assist preparers of financial statements and those charged with the governance of reporting entities understand the requirements set out in IAS 36.

17 Feb 2023

IAS 36 - Presentation and disclosure

IFRS - IAS 36

This article provides a summary of the IAS 36 disclosure requirements and highlights particular areas of focus for regulators, including select illustrative examples for these areas of focus.

17 Feb 2023

Navigating the changes to IFRS

IFRS

Providing awareness of new Standards, Interpretations that have been issued and amendments made to existing ones.

Sarah Carroll
| 3 min read | 01 Feb 2023

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