Operational and Technical Implementation of IFRS 16

This marcus evans event will provide strategic insights from leading figures in international accounting, discerning how corporates should proceed in line with IFRS 16 requirements, both in terms of original implementation and continual enforcement.  Our panel of experts will uncover the optimum framework for lease revaluation and interest rate calculation, discuss the new software and third-party solutions on the market, and evaluate how future interactions among accounting teams, and with the broader business, should be conducted.  

From January 2019 onwards, IFRS 16 reporting standards will fundamentally change the nature of the corporate balance sheet with the inclusion of leased assets and associated debt.  It is therefore crucial that corporates should take stock not only of the technical accounting requirements, but also the practicalities of this reform and the operational framework that must be established to ensure initial accuracy and long-term efficiency.  Furthermore, accountants should have a full appreciation of IFRS 16’s impact on future corporate strategy, depending on the sector and locations that they operate in.