The Future of Lease Accounting: What to Expect After the IFRS 16 PIR
The International Accounting Standards Board (IASB) has entered a pivotal stage in its Post-Implementation Review (PIR) of IFRS 16 Leases, a standard that transformed lease accounting by mandating the capitalization of most leases on the balance sheet. As stakeholders worldwide provide feedback, attention now turns to what comes next. Will IFRS 16 evolve? Will the...