Lease Liability

Audit season has a way of putting every assumption and calculation under a microscope, and lease accounting under IFRS 16 is no exception. Since the standard requires detailed present value calculations, ongoing reassessments, and specific disclosures, auditors tend to focus closely on this area. Knowing what auditors typically look for can help your finance team […]

If you have worked with IFRS 16 for any length of time, you already know that the discount rate is one of the most important numbers in the entire lease calculation. Get it wrong, and your lease liability, right of use asset, interest expense, and depreciation will all be off. Yet many accountants still find

Managing lease accounting used to be a job that lived inside bulky spreadsheets, long formulas, and a great deal of manual effort. Finance teams would spend hours, sometimes days, pulling together lease data, calculating present values, and making sure everything matched up correctly. Then IFRS 16 arrived and changed the entire landscape. IFRS 16, which

Every business faces a fundamental question at some point: should we lease an asset or buy it outright? In the past, this decision was mostly about cash flow and preference. But today, with IFRS 16 in full effect, this question carries a much bigger weight. The standard has changed the way leases appear on financial

If your business operates across multiple countries, you already know that dealing with different currencies adds a layer of complexity to your financial reporting. When it comes to leases, IFRS 16 (International Financial Reporting Standard 16) adds even more to consider, especially when exchange rates keep changing. In this guide, we will walk you through

If you’ve ever signed a lease for an office, a shop, a car, or even a piece of equipment you’ve probably looked at the monthly number and thought, “Okay, I can handle that.” But then a few months in, you start wondering where all your money is going. Most people only look at the monthly

If you’re looking for a practical IFRS 16 lease calculation example in Excel, you’ve come to the right place. This page gives you a free, ready-to-use IFRS 16 Excel template with a full amortization schedule, ROU asset depreciation, journal entries, and annual P&L impact all in one spreadsheet. No sign-up required. Just download and start using it today.

Lease accounting changed forever when IFRS 16 came into effect. For many finance teams, the new standard meant rethinking how leases are recorded, measured, and reported. Yet despite the complexity, a surprising number of organizations still rely on spreadsheets and manual processes to handle their IFRS 16 calculations. This might seem like a cost-saving move,

April 12, 2026 | 5 min read A guide to one of the most misunderstood areas of lease accounting and why getting the split right matters more than you think. When a company signs a lease, it does not just gain the right to use an asset. It also takes on a financial obligation that

April 12, 2026 | 7 min read If you have ever leased an office, a piece of machinery, or even a fleet of company vehicles, you are dealing with accounting concepts that have changed quite a bit in recent years. Let us break down what a Right of Use Asset and a Lease Liability actually