IFRS 16 Training:

Presentation and Disclosure


In our previous guides we considered the fundamentals of IFRS 16, the accounting treatment and the math mixed in between. However, accounting is more than just “knowing what to do” and includes showing your stakeholders “what is happening” with your leases.

IFRS 16 requires lessees to provide very specific information in an extremely detailed manner. If you thought that correctly accounting for all your leases, included their changes, was a challenge, then welcome to the next level.

Your IFRS 16 lease accounting disclosures should contain both quantitative and qualitative disclosure requirements (more on that below). The objective of these disclosures is to give enough information for users of your financial statements to understand the impact of your lease portfolio.

Challenges with IFRS 16 disclosures include combining all your lease data and schedules, disclosing aggregated future lease payments, current year lease changes, etc.

Multiple business disclosure requirements

As we all know, your stakeholders would like to see IFRS 16 compliant information, for comparability of course (Financial Statements). While the executives/management of the company would like to see the impact of leases on the business as they understand it (Management Packs).

In most cases, this will result in the finance team having to redo their lease disclosures twice.

With the Rubli lease tool, you can set up IFRS 16 compliant disclosure and ‘management’ disclosures, in the exact format you need it. Included in this, is access to multiple reports with the click of a button.

IFRS 16 Disclosure

We quickly discussed that reporting and disclosure can be split into two categories:

Quantitative disclosuresThe information required that is driven by the numbers of the business.
It entails movement schedules, totals for the year and forecasted periodic amounts.
Qualitative disclosuresThis is the part that provides context and background to the numbers of the lease accounting. For example, the accounting policies and descriptive text included in disclosure notes

The other question that often arises is the difference between presentation and disclosure. Simply put, presentation is the summary view of accounting, like the balance sheet, income statement and cash flow statement. While disclosures are the most detailed view of the financial statements you will see.

IFRS 16.47-60 provides a checklist that you can follow when drafting your financial statements.

Alternatively, you can view an illustrative example of reporting on IFRS 16 in the below template.


We have finally reached the end of our lessee journey.

We hope that you found the training helpful. Although we didn’t cover every single topic and use case in IFRS 16, we’ve been through 95% of what’s used in practice, and you should be well on your way to mastering IFRS 16. Please get in touch if you have any questions or comments by emailing us at info@rubli.co

If you would like to know more about Rubli’s customisable reporting, please reach out or contact us.

Download Excel Example Workbook
Presentation and Disclosure Table of Contents

More guides:

Ready to get started?

Schedule a demo today and join the companies that are no longer burdened by IFRS 16

Thank you! Your subscription has been confirmed. You'll hear from us soon.