More Lease Implementation Dilemmas

The series of Lease Implementation Dilemmas on IFRS16 started in August with the Non-recoverable VAT (finished) and then Foreign currency contracts (still ongoing, comments closing next Friday at 12 noon, Dutch time, with presentation on Monday 8 October).

Note: IFRS16 applies to (subsidiaries of) listed companies or institutions that voluntarily choose to apply the IFRS reporting requirements and will enter into force no later than 1 January 2019.

The idea was to work, step by step, towards one of the most challenging topics: the discount rate to be applied.

But even during the ongoing foreign currency dilemma, it has become clear that there are more side-effects.
That is why the most difficult subject is taken to the front, while at the same time indicating which other topicsare still are on the role. This will hopefully facilitate the input of interested parties.
Enclosed is an article about the: Discount rate and IFRS16

Even more Lease Implementation Dilemmas:
– Zero-miles / kilometres,
– Services in contracts
– Negative interest rate.

Do not hesitate to let us hear from you!