I'm currently focusing on our approach to implementing the IFRS 16 Lease accounting change in my local authority.
I am wondering if anyone has started any initial prep work yet to ensure they are one step ahead. I know CIPFA have recently delayed this code until 2020, but given the large amount of reviewing and data gathering I was wondering what approaches other local authorities are going to take?
If it's of interest, CIPFA FAN are running a series next month which focuses on IFRS 16 and explores the practical application issues. Details of these are on the FAN website. There is also a handy list of IFRS 16 guidance and materials on the CIPFA/LASAAC webpage which might also be helpful.