Significant preparation is required by companies and the time to take action is now. Our Financial Reporting Advisory team can assist management to successfully navigate and implement this complex new standard.
This questionnaire is designed to assist you in assessing whether you are IFRS 16 ready. We have included ten key questions which you should consider to help evaluate whether you are on track for IFRS 16 compliance. These questions should also help you align expectations with other key stakeholders.
This plan looks at the three steps to success when planning your IFRS 16 Leases journey: