Professional Documents
Culture Documents
PSAK 73 – Leases DSAK IAI has announced the new Leases standard.
The impacts
What’s changed Timetable
Steps to get your house in order
2017-2018 2019 2020
Old Treatment for lessees: What you need to do
Impact Implementation Effective date
assesment program
DSAK IAI Get organized
Get organized Understand the issue – project setup,
Finance leases on Operating leases Service contracts Understand the impact governance, resources
Actions
balance sheet off balance sheet off balance sheet required Transition to the new standard
New treatment for lessees: Understand the impact
New Global lease capitalisation impact by industry*
Identify all in Assess the impact
scope lease Gather and on financial
Median increase in debt
contracts validate data metrics
Median increase in total assets
All leases > Short term leases Service contracts Median increase in EBITDA
Transition to the new standard
12 months (less than 12 months), off balance sheet
All companies Retailers
on balance sheet and low value 22% Define requirements Implement Ensure
98%
assets leases off balance sheet 5% 22% and select software systems and business
13% 41% solution processes as usual