IFRS 16 Leases: Could the New Standard Herald a New Era of Property Ownership?

Tenants, the new lease accounting standard has implications for your balance sheet and you may not like them. IFRS 16 Leases has the potential to detrimentally affect tenants’ financial health, so if you have not yet become comfortable with the new approach, it is worth giving the new standard some thought well in advance of the effective date.