Since CIPFA LASAAC announced that IFRS 16 will be implemented from 1 April 2024, we've developed a number of solutions to help local authorities successfully navigate the challenges.
Implementing IFRS 16 will have implications and challenges for local authorities; across lease data and completeness, accounting and reporting, accounts production processes and business as usual, including decision making. This will be a resource-intensive process for many local authorities, but the challenges will vary depending on several factors. Our team of experts will work with you to successfully guide you through them.