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IFRS 16 generally retains the approach

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 chetan asked about 1 year ago

What is IFRS 16 generally retains the approach ?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 sameer answered about 1 year ago

IFRS 16 generally retains the approach to the definition of a lease that was proposed in the 2013 Exposure Draft, but makes a number of changes to clarify the IASB’s intentions and reduce the risk of inconsistent application.

For more details you can view   here.

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