IFRS Newsletter: Leases – preparing for 2019 | KPMG | MK

IFRS Newsletter: Leases – preparing for 2019

IFRS Newsletter: Leases – preparing for 2019

The decision has been taken by the International Accounting Standards Board (IASB): IFRS 16 Leases will be effective for accounting periods beginning on or after 1 January 2019. Are you ready for the sweeping changes?

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Leases

To help you prepare, KPMG’s IFRS Newsletter: Leases provides you with an update on the IFRS developments on the new international standard for accounting for leases and makes an overview of the latest IASB discussions of the leases project. 

Highlights in this issue: 

  • Effective date: A 2019 effective date for the new leases standard has been set by the IASB in its final public meeting on the project.
  • Sweep issues: The IASB resolves four other issues identified during the drafting process.
  • Are you ready for the new standard? 10 key questions to assist you in the preparation for implementation. 

For more detail on the latest developments on the leases project and what the IASB’s decisions could mean for you, please go to KPMG’s IFRS Newsletter: Leases (PDF 1.35MB). 

We would be delighted to discuss any questions you might have to help you prepare for IFRS 16 Leases.

© 2015 KPMG DOOEL Skopje, a Macedonian limited liability company 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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