Supplementary IASB meeting

  • IASB meeting (blue) Image

02 Mar, 2021

On 10 March, the IASB will be holding a supplementary meeting on COVID-19-related rent concessions.

Although an agenda and the papers for the meeting are not yet available, it has obviously been set up to discuss the feedback received on exposure draft ED/2021/2 Covid-19-Related Rent Concessions beyond 30 June 2021 (Proposed amendment to IFRS 16) published in February. The time frame on that project is rather tight as the Board intends to finalise the amendment by the end of this month so that it can become effective on 1 April 2021.

Update: On 5 March 2021, the IASB has issued the agenda and meeting papers for this meeting. The discussions will consist of (1) feedback and project redeliberations and (2) due process and permission to ballot.

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