What the IASB’s new leases standard is all about

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The International Accounting Standards Board (IASB)’s forthcoming new standard on lease accounting, IFRS 16 Leases, will have broad implications across all industries, particularly for lessees.

In this webcast, a panel of professionals, featuring Patrina Buchanan from the IASB staff and EY practitioners, will discuss the requirements of IFRS 16, including:

• How to identify a lease
• What the impacts will be on lessees’ financial statements
• When IFRS 16 will apply and how to transition to it

Throughout the webcast, the panel will discuss practical considerations for planning for adoption.

Patrina Buchanan

IASB

Patrina is a technical principal at the IASB and led the leases project.

Christoph Piesbergen

Ernst & Young GmbH

Christoph is an executive director of the Ernst & Young GmbH IFRS team based in Germany. Christoph is a member of Ernst & Young Gmbh’s leases, impairment, and real estate subject matter groups.

Emily Moll

Ernst & Young LLP (UK)

Emily is a senior manager in the EY UK member firm, Ernst & Young LLP and part of its IFRS practice. Emily is a member of Ernst & Young LLP’s leases and business combinations subject matter groups.

Moderator

Twan van Limpt

Ernst & Young Accountants LLP (The Netherlands)

Twan is a partner of Ernst & Young Accountants LLP in The Netherlands and a member of the Dutch IFRS desk. He also coordinates the EY global leases subject matter group.