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In this whitepaper

IFRS 16 has come into effect on 1 January 2019 for entities reporting. This new compliance, changes the way companies handle the leases in their financial disclosures.


Businesses have been affected in several ways as they are now expected to adhere to IFRS 16! In this white paper we cover the following topics:

  • What is IFRS 16?
  • The impact of IFRS 16 on businesses
  • How to ensure compliance to IFRS 16 and effectively handle lease accounting data?
  • How VIENNA Advantage helps enterprises to manage their IFRS reporting?

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