IFRS 16 brings significant changes in accounting rules for lessees, whereas the accounting rules for lessors remain largely unchanged from IAS 17. The main change introduced by IFRS 16 consists in requiring lessees to recognize operating leases on the balance sheet as a right-of-use asset (lessee’s right to use the underlying asset for the lease term) and a corresponding lease liability (obligation to make lease payments). This modification in accounting will impact the regulatory capital ratios, as the right-of-use assets for tangible assets are to be included at a 100% weight within the risk-weighted assets. I will assess and calculate the impact of IFRS 16 on the company's financial statements. The service would contain the following: - Checking of the eligibility criteria for assets falling under IFRS 16 - Calculations of the finance expenses, depreciation and closing balances of ROUA and lease liabilities at period end / year end over the whole lease term.