Download Guide on IFRS 16 Leases as at 2025

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Note: All the materials in this blog post have been made available to the public for free download by the respective sources. They are compiled here for ease of access to you.

Leases are everywhere. We lease apartments, cars, office space, even equipment. But what do we really know about them? And why do accountants care so much about them?

Leases can be a great way to get the assets you need without having to spend a lot of money upfront, but leases can be complicated, and it's important to understand the terms and conditions before you sign one.

Under IFRS 16 Leases, companies are required to recognize most leases as assets and liabilities on their balance sheets. This can have a big impact on a company's reported earnings and debt levels.

This blog post compiles for you guidance made available by the Big 4 and other Audit firms to help you with the learning and understanding of IFRS 16 Leases.

Fun fact:
Did you know that the first lease was signed in Mesopotamia around 3,000 BC?
Did you know that the world's largest lease portfolio is owned by the US government?
Did you know that the average American spends more on leases than on their mortgage?

The below resources (PDF, videos and eLearns) provide comprehensive coverage of IFRS 16 Leases, including its key requirements and practical guidance. Whether you are new to IFRS 16 or need a refresher, these resources will be helpful.

IFRS 16 Leases practical guide:

Pdf

Source: Deloitte

Deloitte Leases practical guide - IFRS 16 Pdf

Source: KPMG

KPMG Leases practical guide - IFRS 16 Pdf

Source: EY

EY Leases practical guide - IFRS 16 Pdf

Source: PwC

PwC Leases practical guide - IFRS 16 Pdf

Source: BDO

BDO Leases practical guide - IFRS 16 Pdf