IFRS16 accounting standard on leasing

This Standard sets out the principles for the recognition, measurement, presentation and disclosure of leases. The objective is to ensure that lessees and lessors provide relevant information in a manner that faithfully represents those transactions. This information gives a basis for users of financial statements to assess the effect that leases have on the financial position, financial performance and cash flows of an entity.

Link to resource

Share this

Sectors: Cross cutting, ESCO, Finance

Country / Region: Global

In 1 user collection: Accounting

Knowledge Object: Web Resource

Published by: IFRS

Publishing year: 2021