To read the first example of the IFRS 16 transition series for lessees, click here
How to transition from an operating lease under current IAS 17 to the single lessee accounting model – a finance lease using the cumulative effect approach?
The IFRS 16 Effective date is fast approaching
Note that this is the second part of a series of blog articles addressing how to adopt the new lease accounting standards for FASB 842 and IFRS 16. To read part 1, please click here.
IFRS 16 and FASB 842
For part two of this guide, click here