What’s the best option for your business on transition to IFRS 16?

Implementation projects are costly and data requirements extensive. But a careful use of transition options and practical expedients optimize the trade-offs between cost, timing and comparability – and your company’s profit in the post-transition years.

IFRS 16 Leases – the mystery of transition reliefs and their impact on Swiss financial institutions

In the past, we have seen Swiss financial institutions selling their office buildings to investors and leasing them back. With IFRS 16, lessees will now bring most leases on balance sheet. For this reason, financial institutions have to recognize a right-of-use (ROU) asset.

IFRS 16 Leases – Impact on financial institutions

As leasing is an important and flexible measure of financing, e.g. of the rental of an office building, the new leases standard IFRS 16 will improve the transparency and comparability of information on off-balance sheet leases by bringing them onto the balance sheet.

Neuer Standard zur Leasingbilanzierung – was sind die Auswirkungen?

Das International Accounting Standards Board (IASB) hat am 13. Januar 2016 den Rechnungslegungsstandard IFRS 16 Leases veröffentlicht. Kerngedanke des neuen Standards ist es, beim Leasingnehmer generell alle Leasingverhältnisse und die damit verbundenen Rechte und Verpflichtungen in der Bilanz zu erfassen.