ANTUNES, Joel    MORAIS, Ana. EFFECTS OF THE IMPLEMENTATION OF ifrs 16—LEASES BY LISTED COMPANIES ON stoxx EUROPE 50. []. , 33, 88, pp.67-82.   02--2024. ISSN 0121-5051.  https://doi.org/10.15446/innovar.v33n88.106271.

The change in the accounting method for leases due to the introduction of a new standard may have implications for companies at an accounting level, for the quality of business information, and for the real economy. The objective of this study is to analyze the accounting effects of such a change and the information disclosed under this new approach, as well as identify the real effects expected from the adoption of IFRS 16 from the perspective of tenants. To that end, the authors examined the reports, accounts and comment letters of companies listed on the stoxx Europe 50. The results indicate that, from an accounting view, there was a significant increase in these companies' assets, liabilities, and ebitda. Likewise, there was an increase in the disclosure of related information. With regard to the effects of disclosed information, most companies concluded that ifrs 16 does not improve decision-making processes due to its complexity and the adjustments made before its implementation. Specifically, three effects were identified: the associated costs of the deployment of this standard; the required contractual amendments to financing agreements; and a disincentive for renting a property. This study is especially relevant for those in charge of issuing accounting standards, as it identifies the various accounting and real effects of ifrs 16 adoption. As limitations, this study does not examine the real and capital market effects resulting from the adoption of ifrs 16, and the sample includes only large companies.

: Effects at the level of disclosed information; accounting effects; expected real effects; ifrs 16; leases.

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