Webinar / Applying IFRS 16 to the measurement of PFI liabilities

From 1 April 2023, PFI liabilities will need to be measured (and re-measured) under IFRS 16. To help affected NHS bodies make the necessary accounting adjustments, the DHSC has produced a revised PFI model that can be used to complete the necessary calculations. This is supported by scenarios that show how the model works along with detailed guidance.

This webinar provided an overview of this suite of products and provided an opportunity for NHS bodies to ask any initial questions regarding the functioning of the model or the accounting required from 1 April 2023.

Speakers

Steven Wareing   / Section head – accounting policy and guidance , Department of Health and Social Care

Eleanor Shirtliff   / Head of provider financial accounting , NHS England and NHS Improvement