BDO submits comment letter on IASB exposure draft on amendments to IFRS 16: Covid-19-Related Rent Concessions
07 May 2020
BDO has submitted a comment letter to the IASB on Exposure Draft 2020/2: Covid-19-Related Rent Concessions, Proposed amendments to IFRS 16.
BDO is supportive of the amendments proposed by the exposure draft, however, we have suggested a number of modifications to the amendments. Most significantly, BDO is suggesting that the practical expedient provided in the exposure draft be extended to lessors, and that one of the criteria to apply the practical expedient is modified to allow wider application.
The comment letter may be accessed here.