Accountants often wonder how to develop an effective IFRS 16 accounting process? Could the right software optimise contract management and valuation under IFRS 16?

The adaptation of IFRS as an accounting standard affects the presentation of values ​​in financial statements, especially in the context of leasing and rental under IFRS16.


The article examines these changes, showing how this standard modifies the balance sheet, profit, and loss statement and cash flow statement, highlighting key differences and new challenges in financial reporting.

A leading retail company operating through shopping centres chooses FlexiReporting, an innovative IT solution for IFRS 16 reporting. The goal is to automate and organize the reporting process according to the IFRS 16 standard.

In this post we will answer some common questions on how to recognize and manage lease and perpetual usufruct arrangements to ensure compliance with IFRS 16. We will explain the steps involved in the valuation of assets and liabilities for different types of contracts.

IFRS 16 is an accounting standard that provides guidance on the presentation of lease arrangements in financial statements. What do you need to remember to ensure compliance with the IFRS 16 standard?