The new accounting standards will bring almost all leases onto the balance sheet, recognising a right of use asset and a lease liability arising from the agreement. Retailers in particular tend to have a substantial number of operating leases and will need to be included in a company's balance sheet. This PDF will provide you with information about the implications of the IFRS 16 / AASB 16 changes for the retail industry. It will answer all your questions related to: