The new lease accounting standard, IFRS 16, comes into effect for UK local authorities on 1st April this year.
Of all the new accounting standards that we have seen introduced in recent years, IFRS 16 arguably has had the longest ever lead in period. If it isn’t the longest, it sure feels like it!
There have been a number of implementation false starts, but at last it is here.
New accounting standards bring with them a whole new set of terminology that you need to get your head around. This can be baffling at first. It can make the thought of adopting new standards feel very daunting.
If that’s how you feel, we are here to offer some help. We are here to cast some light into your darkness.
You may have seen some feeding on your frayed emotions, and over-playing the complexity of the new standard. Believe me, IFRS 16 is not that complicated.
That’s why we have set up this FREE webinar on IFRS 16.