IFRS 16 lease accounting

IFRS 16 has changed the reporting landscape and has long-lasting ramifications for businesses. At BDO, we have experts and a software solution that can help you, no matter how big or small your business is.

Finding lease accounting challenging?

Our experience working with clients on IFRS 16 reporting has shown us that there are several recurring questions centred around critical problems. The areas our clients find most challenging are:

The ongoing complexity of Lease Maintenance
Watch our webinar: Continuing challenges in lease accounting.
The lease standard, IFRS 16 Leases, and its requirements change regularly
Keep up with our IFRS 16 resources.
Accounting for the effects of making reasonable provisions and sub-leases on IFRS 16
Register for one of our eLearning courses.
Lease accounting can be time-consuming without the right tool
Learn more about our lease management SaaS solution, BDO Lead.

How BDO can help

BDO Lead SaaS

If you are looking for an easy-to-use, IFRS 16 compliant technology solution to manage your lease portfolio, look no further than BDO Lead.

BDO Lead SaaS is a self-service lease management software that gives you control over your lease data and the ability to process changes and prepare reports effectively and efficiently across all your leases.

This service is ideal for organisations that:

Have more than 100 leases
Need to manage leases daily or regularly
Have an in-house resource for lease management
Currently pay for the rights of access to software, IT helpdesks or IFRS helpdesks.

Learn more ›

Outsourced lease management service

Our seasoned IFRS experts take on the responsibility of addressing our clients’ lease accounting challenges.

We know and understand the intricacies of IFRS 16 and leverage our advanced technology solution, BDO Lead, to execute the required calculations with precision.

This service is ideal for organisations that:

Have less than 100 leases
Have irregular lease management schedules
Have a limited ability to keep up with IFRS standards
Don't have a dedicated lease management resource.

Learn more ›

Expert IFRS 16 advice

Our IFRS 16 specialists offer expert technical guidance in the following areas:

Assistance in determining the presence of a lease in a contract
Handling lease accounting for business combinations
Providing advice on make-good provision accounting
Recognising subleases
Conducting scenario analysis of lease contracts.

Contact us ›

Here to help you with IFRS 16

eLearning topic | Leases

_{10 LESSONS | $199.00}

This course provides an overview of the main requirements of IFRS 16, including:

An overview of when IFRS 16 is applicable
The recognition exemptions included within IFRS 16
How to identify whether a contract contains a lease
How to determine the lease term for a lessee
What the lease recognition and measurement requirements are for a lessee
How to account for sale and leaseback transactions
How to present a lease in the financial statements
How a lessor should account for a lease
How to initially transition to IFRS 16.

Learn more and enrol ›

Online seminar | Leases

_{3 LESSONS | $149.00}

This seminar provides a high-level overview of how lessees and lessors account for leases in accordance with IFRS 16 Leases. The course covers the following topics: