SunExpress SAP IFRS 16 Project Kicked-off

SunExpress has preferred the IFRS 16 packaged solution, which we developed with our business partner Montag and works on SAP, in preparation for the IFRS 16 standards to come into effect as of January 1, 2019. With the IFRS solution, which allows for leases to be recognized and for foreign operation leases to be reported in financial statements, it will be possible for all the leases of companies that lease services to be recognized under a single model in financial statements.

With our packaged solution that was developed in accordance with IFRS 16, which was published with a rearrangement in lease operation standards, the IFRS standards that need to be reflected onto corporate sheets as of January 1, 2019 are able to be prepared without problems.