Determination of the Degree of Compliance With the Disclosure Requirements of the Ifrs 16 in Mexico

The purpose of this research is to identify the degree of compliance with the disclosure standards of IFRS 16 Leases, in the year it came into effect. A checklist was developed with the disclosure requirements required by this standard. Using the Cooke´s methodology, an average degree of compliance of 64.79% was determined for a sample of 87 non-financial companies listed on the Mexican Stock Exchange, with a maximum of 100% and a minimum of 7.69%. We also identified that the degree of compliance is associated with the type of industry and weakly associated with the quality of the audit and the profitability of the company. This study contributes to the literature by expanding research on compliance with disclosure principles in developing countries and provides empirical evidence on the effective application of the IFRS 16 disclosure guidelines.