IFRS 16, Leases - IASB

Date recorded:

Most recently, at its meeting on March 17-19, 2015, the IASB continued its redeliberations on the proposals in the 2013 ED, specifically discussing: (i) disclosures on transition (a sweep issue); and (ii) due process, re-exposure and permission to ballot.  The IASB members confirmed that they are satisfied that the IASB has completed all of the necessary due process steps on the project to date. The staff will start the balloting process for the new Leases standard and the IASB will discuss the effective date and any sweep issues that arise at a future Board meeting.

Read the IASB Update on the IASB's Web site.

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