EFRAG Endorsement Advice on IFRS 16
28 March 2017
The European Financial Reporting Advisory Group (EFRAG) has completed its due process regarding IFRS 16 Leases and has submitted its Endorsement Advice to the European Commission.
EFRAG assesses that IFRS 16 meets all technical endorsement criteria of the IAS Regulation and is conducive to the European public good. It therefore recommends endorsement of IFRS 16.
Further information, including EFRAG’s endorsement advice letter to the commission, is available from EFRAG’s web site here.