Foreign currency leases and IFRS16

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Article in the series of Lease Implementation Dilemmas as a result of the introduction of IFRS16 for listed companies and others who follow IFRS reporting guidelines.

Best practice on how to deal with Foreign currency leases and examples of the booking process.

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For listed companies and those opting voluntarily to apply IFRS reporting guidelines, the date on which IFRS16 comes into force, 1 January 2019 at the latest, is approaching.

With the introduction of IFRS16, the new accounting standard for lease agreements, a number of dilemmas arise.

Tweuus searches for best practices. Both conceptually and concretely in detailed booking examples.

This time Foreign currency leases and IFRS16.