IFRS 16 Application Survey Report
Based on interviews with companies that have implemented the new lease standard, this document summarizes the interpretation of the standard, which tends to differ from company to company, and the key points in responding to the new standard.
The new lease accounting standard (=IFRS 16) has started to be compulsorily applied to companies that have voluntarily applied IFRS. It is highly likely that the new lease accounting standard will be applied to Japanese accounting standards in the near future, and it is said that it will have a significant impact on the accounting treatment of all Japanese companies. This report is recommended not only for companies that apply IFRS, but also for those who are considering future revisions.
What you will find in this document
- Current IFRS 16 and New Lease Accounting Standards
- IFRS 16 Application Survey Report
- HUE Asset" supports the compliance with the new lease accounting standards