13. January 2016
The International Accounting Standards Board (IASB) today issued the new IFRS 16 Leases. IFRS 16 supersedes the current standard on lease-accounting IAS 17 as well as the interpretations IFRIC 4, SIC-15 and SIC-27. The standard is effective for annual periods beginning on or after 1 January 2019. Earlier application is permitted for entities that apply IFRS 15 Revenue from Contracts with Customers at or before the date of initial application of IFRS 16.
This standard is available from the IASB only (www.ifrs.org)… further information