IASB issues IFRS Taxonomy Update to IFRS 16

IASB issues IFRS Taxonomy Update to IFRS 16 logo

On 18 August 2020, the International Accounting Standards Board (Board) issued an update to the IFRS Taxonomy 2020 for Covid-19-Related Rent Concessions, which amended IFRS 16 Leases.

The IFRS Taxonomy Update includes IFRS Taxonomy elements to reflect the new disclosure requirements introduced by the amendment, issued by the Board in May 2020.

Click here to find the IFRS Taxonomy Update, IFRS Taxonomy files and supporting materials:

https://www.ifrs.org/news-and-events/2020/08/iasb-issues-ifrs-taxonomy-update-for-covid-19-related-rent-concessions/

Click here to download the 12-page IFRS Taxonomy Update:

https://cdn.ifrs.org/-/media/project/ifrs-taxonomy-update-covid-19-related-rent-concessions-amendment-to-ifrs-16/tu2020-1.pdf?la=en

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