IFRS Bulletin 2020-12 – Implications of Covid-19 for lessors
08. Dezember 2020
On 28 May 2020, the IASB issued amendments to IFRS 16, which provide relief for lessees in accounting for rent concessions granted as a direct consequence of COVID-19. The global pandemic has resulted in many different types of concessions being agreed between lessors and lessees, including rent deferrals, rent abatement/forgiveness and many other types of relief. The IASB decided to amend IFRS 16’s requirements for lessees to simplify the lessee accounting requirements for rent concessions.
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