ICAI proposes amendments to IFRS-16 for COVID-19 related rent concessions

Last updated: 27 April 2020

As a result of the deadly Covid-19 pandemic, many lessors around the world have provided, or are expected to provide, rent concessions to lessees, as a relief. Such rent concessions are particularly prevalent for leases of retail property and, in some cases, are encouraged or required by governments

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