Marek reminded the audience that IFRS 16 comes into effect for reporting periods on or after 1 January 2019 and remarked that implementations programmes are fully underway involving a number of business functions including accounting policy, financial control, corporate real estate services, information technology, operations and more. He asked the audience what they consider to be the most challenging aspect of implementing IFRS 16.
Marek highlighted the key practical implementation challenges of IFRS 16 from an accounting perspective.