Financier Worldwide: A panel discussion | KPMG | IN

Financier Worldwide: A panel discussion on IFRS 16, Leases

Financier Worldwide: A panel discussion

The new standard on leases, International Financial Reporting Standard (IFRS) 16, Leases is applicable from 1 January 2019

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The new standard on leases, International Financial Reporting Standard (IFRS) 16, Leases is applicable from 1 January 2019. IFRS 16 represents a fundamental shift in accounting for leases, specifically for lessees.

Recently, Financier Worldwide1 moderated a discussion on IFRS 16 between four experts of the Accounting Advisory Services (AAS) of the KPMG global network (Markus Kreher, Global Head of AAS, KPMG International; Sai Venkateshwaran, KPMG in India; Michelle Gibbs, KPMG in Australia; and Ruben Rog, KPMG in the Netherlands).

The panel discussed the challenges that companies are facing in order to be IFRS 16 compliant and the steps they should take to mitigate the disruption caused by the new standard.

The insights of the discussion have been published in the form of an article in the June 2018 edition of Financier Worldwide.

Click here to read the article.

© 2018 KPMG, an Indian Registered Partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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