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19 December 2018

Applying IFRS Impairment considerations for the new leasing standard

IFRS 16 Leases, as issued by the International Accounting Standards Board (IASB), requires lessees to recognize assets and liabilities for most leases. This EY publication explores the practical considerations of the interaction between IFRS 16 and IAS 36, including the potential impact on the discount rate used for determining value in use (VIU). It also discusses how right-of-use assets impact the impairment tests in a lessee’s financial statements.

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Document ID: 2018-6550

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