In January 2016, the International Accounting Standards Board issued a new IFRS® Standard to improve the financial reporting of leases. IFRS 16 Leases replaces IAS 17 Leases and its related Interpretations. IFRS 16 has an effective date of 1 January 2019, but earlier adoption is permitted.
Please visit the implementation page for IFRS 16 for information relating to the Board's activities to support the implementation of the Standard.
To receive updates on IFRS 16, please follow the IFRS 16 Leases page.