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IFRS 16 Impact on the Telecommunication Industry

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IFRS 16 impact on the Telecommunication industry

Many telecom entities lease a substantial number of big-ticket assets that are likely to be impacted by the new standard. Under IFRS 16/ AASB 16 these assets and liabilities need to be brought onto a lessee's balance sheet. This PDF will provide you with information about the implications of the IFRS 16 changes for the telecommunication industry. It will answer all your questions related to:

  • Main changes
  • Definition of a lease
  • The impacts on the telecommunications industry
  • How to prepare for IFRS 16