IFRS 16 Leases: How often should I update my IBR?
IFRS 16 does not specify a set frequency for updating the Incremental Borrowing Rate (IBR). According to Appendix A, Defined Terms, the IBR is defined as: “The rate of interest that a lessee would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset […]