IFR Bulletin – Accounting for rent concessions: Lessee FAQs
10 August 2020
This publication answers dozens of questions that lessees have been asking with regards to the recent amendments to IFRS 16: COVID-19 related rent concessions. The Bulletin answers how to assess whether a lessee may apply the practical expedient, how the underlying calculations should be done, along with numerous illustrative examples of common rent concessions.
Read our IFR Bulletin - Accounting for rent concessions