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IFRS 16 Post-Implementation Review: Shaping the Future of Lease Accounting
September 9, 2025by Dr Dawkins Brown
When the International Accounting Standards Board (IASB) issued IFRS 16 — Leases in 2016 (effective 2019), it transformed lease accounting by requiring lessees to recognize most leases on the balance sheet. This ended the long-debated distinction between operating leases (off-balance sheet) and finance leases, increasing transparency but also introducing complexity for preparers. In June 2025,...
