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.


Why Grant Thornton

We understand the operational challenges of implementing IFRS 16 and the specific accounting requirements of the Code of Practice on Local Authority Accounting, and auditor requirements.

You can find full information on the considerations of IFRS 16 and how we can help you manage it in our guide.