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  • IFRS 16 LEASES

IFRS 16 LEASES

Why you should work with BDO on IFRS 16 Leases

IFRS 16 Leases may have a significant impact on balance sheet and results, especially EBITDA. It may also affect agreements such as earn-outs, bonus agreements and bank covenants that are linked to reported numbers. These agreements may need to be reviewed and amended as a result.

Complying with IFRS 16 may also require changes to systems and processes in order to obtain the information needed for accounting and disclosure requirements.

Our expert team will help you understand and prepare for the changes that will take place with IFRS 16. We will carry out a robust and independent impact assessment. We want you to be confident you are taking all the necessary steps and that your business is ready for IFRS 16. 

We can also provide advice and guidance on any aspects of IFRS 16 that may be of particular concern. 

Please get in touch to discuss how we can help.

BDO has prepared a range of useful information and guidance to assist you and your business to manage IFRS 16 and its implications.

IFRS 16 Leases - at a glance

IFRS 16 Leases - in practice

IFRS 16 Leases - need to know