COVID-19 related rent concessions - proposed amendment to IFRS 16: IASB exposure draft

COVID-19 related rent concessions - proposed amendment to IFRS 16: IASB exposure draft

Publication date: 24 Apr 2020

Must know

Must know

The IASB has proposed to amend IFRS 16, 'Leases', to make it easier for lessees to account for COVID-19-related rent concessions such as rent holidays and temporary rent reductions. The exposure draft is open for public comment until 8 May 2020. PwC’s response is covered in this In brief.

 
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