If you want to ensure that your lease contracts are accounted for in full compliance with IFRS 16, there are several practical approaches you can choose from. You can rely on an Excel-based model, outsource the process to an external consulting firm, or implement dedicated software that automates IFRS 16 valuation and accounting. In this article, we compare the three most common IFRS 16 accounting scenarios, outlining their benefits, limitations, and risks. This overview will help you assess which solution best fits the scale of your lease portfolio, internal competencies, and audit requirements.