From 2019, IFRS 16 became applicable in Canada for certain companies. This standard prescribes new principles for the recognition, measurement, presentation and disclosure of leases for both parties to a contract.

We at D Arora & Co can help you implement and maintain compliance with this standard on an ongoing basis.

Adapting and implementing new accounting standards can be complex, time-consuming and expensive. We have an automated tool which can help you ensure compliant implementation of the new standard.