IFRS 16 introduces significant changes in the treatment of leases for financial reporting purposes. Given the estimated 75,000 leases in place right across the public sector, finance officers across a wide range of public entities need to become familiar with this new reporting standard.
We've put together some FAQs to help guide you around how to prepare for IFRS 16 as a public sector organisation.
At MHR Analytics, our lease accounting experts and industry leading software partnerships can help you to meet the deadline.
Exclusively for Public Sector finance professionals, this powerful one hour webinar will give you essential guidance and practical advice on IFRS 16 compliance. You'll understand the full extent of the data you'll need to collect, analyse and disclose and get a clear plan of how that can be done whilst minimising impact on your other finance activities.
Watch our recent webinar where you'll:
Hear from The London Borough of Hackney as they share their first-hand experience of achieving IFRS 16 compliance.
Learn from software experts as they explain the real impact of IFRS 16 on public sector organisations like yours - and the true (and hidden) costs of non-compliance.
Listen as software experts explain the pitfalls of trying to 'get by' with Excel and understand the challenges you will face without specialist technology.
Ask your questions to our panel of experts in a live Q&A.