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IAS 17: Leases

The accounting standard IAS 17 sets out the relevant accounting policies and disclosures applied leases for both lessees and lessors. Find articles, books and online resources providing quick links to the standard, summaries, guidance and news of recent developments.

What's on this page?

  • Full-text standard
  • Summaries
  • Guidance and support from ICAEW
  • New standard on lease accounting
  • Guides
  • Online articles
  • Articles and books from the Library

Contact the Library

Expert help for your enquiries and research.

E  library@icaew.com
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F  +44 (0)20 7920 8621

Full-text standard

The IFRS Foundation and International Accounting Standards Board (IASB) provides free access to the consolidated unaccompanied international accounting standards for the current year through its website; you will need to register to gain access.

These standards are the unaccompanied versions and do not include any additional content that accompanies the full IAS and IFRSs such as illustrative examples, implementation guidance and bases for conclusions.

Summaries

IAS 17 Leases
IASB technical summary, as issued at 1 January 2014.

IAS 17 – Leases
Timeline and summary from Deloitte IAS Plus, with information on related interpretations and amendments under consideration.

Leasing
Topic summary provided by PwC, giving latest developments and overview, a summary of the standard and links to relevant resources.

ICAEW guidance and support

Financial Reporting Faculty
The faculty offers assistance and support in IFRS, UK GAAP and other aspects of business reporting. It offers technical briefings and factsheets, IFRS and UK GAAP standards-trackers, plus practical advice from industry experts and working accountants.

New standard on lease accounting

The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) are currently working on a joint project to develop a new accounting standard for leases to replace IAS 17.

Work plan for IFRSs: Leases
IASB information on the project, including a timeline, the latest news and links to relevant documents.

Projects: Leases
A summary from Deloitte's IAS Plus giving background, current status and related updates.

IFRS: Asset finance and leasing
Summary from PwC with links to the firm's guides on the proposed changes.

IFRS lease accounting alerts
Bulletins from PwC reporting the latest decisions and developments from the IASB and FASB on the forthcoming new standard for lease accounting.

How the lease accounting proposal might affect your company
Detailed guide, with illustrations, published by EY in August 2013 on the potential impact of the proposed accounting standard.

Guides and publications

International Lease Accounting
Information and links to documents and tools on lease accounting in Europe compiled by Leaseurope, the European Federation of Leasing Company Associations.

European leasing
The 2012 edition of Leaseurope and KPMG's guide to leasing markets across Europe with information on the legal, accounting and taxation framework in 32 countries.

Leases: operating or finance
Article published by the ACCA's Accounting and Business magazine in April 2012 and updated in September 2014 looking at IAS 17 and the classification of lease terms.

Online articles

The library provides access to a range of articles in full text from leading business, finance and management journals. Access to articles is provided subject to suppliers' terms of use.

Articles are available to logged-in ICAEW members, ACA students and other entitled users.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by fax on +44 (0)20 7920 8621 or by email at library@icaew.com.

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