Financial accounting updates — International Financial Reporting Standard 16 Leases implementation

Guidance on International Financial Reporting Standard (IFRS) 16 on Leases for NHS providers and commissioners.

HM Treasury and the Financial Reporting Advisory Board (FRAB) have confirmed deferral of IFRS 16 implementation for a further year until 1 April 2022 for NHS and DHSC group bodies. Guidance, tools and ‘FAQ’s will be updated and published on this webpage during 2021.