IFRS

Insights into IFRS 16: Transition choices

This article ('Transition choices') relates to the important topic of transitioning to the new Standard and the methods described in IFRS 16. Many recent accounting standards include transition reliefs to assist in adoption in order to make first time application simpler, and IFRS 16 is no exception. What we set out in this article are the choices that are available and we discuss some of their practical implications. 

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