Consultation response on IFRS 16 leases

exposure draft 18 (01)

Debbie Paterson

01 August 2018


HM Treasury are proposing some adaptations and interpretations of IFRS 16 – mainly in relation to the options set out in the standard for implementation of the standard’s requirements.  We are largely supportive of the proposals but have some concerns about what they mean in practice.  In particular, it is not yet clear what the impact on capital funding will be and how the mismatch between ESA 10 and IFRS 16 will be managed. More information is needed on issues such as consolidation and valuation of right of use assets.


Consultation response on IFRS 16 leases

August 2018 (PDF 104KB)