IASB issues Covid-19-Related Rent Concessions beyond June 30, 2021 (Amendment to IFRS 16)
The IASB issued an amendment to extend the scope of the optional exemption for COVID-19-related rent concessions by one year to June 30, 2022. The AcSB will incorporate the amendment, as well as the amendments to the Basis for Conclusions, into the CPA Canada Handbook upon completion of its due process activities. As reported by The Standard.
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