IASB tentatively decides on effective date of IFRS 16

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20 Oct, 2015

The IASB has just voted on the effective date of IFRS 16, the new standard on leases.

As recommended by the staff, the IASB voted for an effective date of 1 January 2019, with early application permitted but only if the entity is also applying IFRS 15 Revenue from contracts with customers.

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