Related Discussions

• Maintenance and consistent application

• 23 Feb 2022

• In this session, the Board had a project review of the proposed amendments to IFRIC 14 and IAS 37. In addition, the Board discussed the transition requirements and effective date for the amendments to IFRS 16.

• Maintenance and consistent application

• 16 Dec 2021

• In this session, the Board discussed the staff’s analysis and recommendations on how to proceed on the project and to ask the Board whether it agrees with the staff recommendations.

• Maintenance and consistent application

• 24 May 2021

• In this session, the Board was asked whether they object to the Committee’s decision that a standard-setting projects on various topics should not be added to the work plan and the Committee’s conclusion that the agenda decision does not add or change requirements in IFRS Standards.

• IFRS 10 and IFRS 16 — Sale and leaseback of an asset in a single-asset entity

• 02 Feb 2021

• In this session, the Committee discussed whether it wants to finalise the tentative agenda decision related to sale and leaseback of an asset in a single-asset entity or whether an amendment to IFRS 10 is required.

• Lease liability in a sale and leaseback

• 22 Sep 2020

• In this session, the Board discussed a sweep issue related to how a seller-lessee measures the right-of-use (ROU) asset and the lease liability arising from the leaseback initially, and how it applies the subsequent measurement requirements in paragraphs 36–38 of IFRS 16 to that lease liability.

• IFRS 16 — Sales and leaseback with variable payments

• 16 Jun 2020

• In this session, the Committee discussed sale and leaseback transaction with variable payments the seller-lessee recognises a lease liability at the date of the transaction.

• Maintenance and consistent application

• 21 May 2020

• The Board voted on a narrow-scope amendment to IFRS 16 that would specify how a seller-lessee applies the subsequent measurement requirements of the standard to the lease liability arising in a sale and leaseback transaction.

• Maintenance and consistent application

• 22 Apr 2020

• The Board discussed papers on (1) Sale and Leaseback with Variable Payments: Amendment to IFRS 16, (2) Lack of Exchangeability (IAS 21), (3) Commodity Loans, and (4) Deferred Tax Related to Assets and Liabilities arising from a Single Transaction (Amendments to IAS 12).

• IFRS 16 — Sale and leaseback with variable payments

• 03 Mar 2020

• In this session, the Committee discussed the staff's analysis on the seller-lessee's accounting for the liability arising from a sale and leaseback transaction.

• IFRS 16 — Sale and leaseback with variable payments

• 26 Nov 2019

• In this session, the Committee discussed if an entity sells an asset and leases it back with variable payments, how does the entity measure the ROU asset so as to determine the amount of gain or loss to be recognised at the transaction date.