In this episode, we talk about unit of account considerations in terms of IFRS 16 and why this is important. This key consideration can impact conclusions reached when evaluating leases under IFRS 16 if incorrectly identified, and therefore the resulting accounting model.

Listen to Dipthi Govind (Host) and Renitha Dwarika, Partner at PwC discussing the different types of long-term capacity arrangements and considerations of whether these arrangements contain leases, from the perspective of the lessee under IFRS 16.