Auditing LEASES under IFRS16 - tests of controls and substantive procedures

What other procedures could you think of to audit leases?

IFRS 16 - check out Sylvia at IFRS Box
   • IFRS 16 Leases - updated link in the ...  

How to audit depreciation on leased assets? Check out my video on auditing PPE, which includes depreciation expense
   • Auditing Property Plant and Equipment  

The ICAEW Guide on materiality
https://www.icaew.com/-/media/corpora...

In the video, I didn't talk about COVID19 impacts in terms of rent relief by lessees. KPMG has an excellent guide on the IFRS implications and auditors will need to look at this area closely
https://advisory.kpmg.us/articles/202...

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