IFRS 16 in Practice: Accounting for Back-to-Back Land Sub-Leases by an Intermediate Lessor
Back-to-back lease arrangements are becoming increasingly prevalent in real estate-driven business models across the Kingdom of Saudi Arabia. Commercially, the model appears straightforward — a company leases an asset and subleases it to generate a spread. Accounting-wise, however, IFRS 16 introduces a layer of complexity that many organisations underestimate. In a representative structure, an entity […]
