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Episode142: March 2023 IFRIC Update

IFRS Talks - PwC's Global IFRS podcast

CHAPTER

The Interaction of Two Standards in Accounting for Lease Payments

The PDBC IFRS 17 in transition is subject to a tentative agenda decision, so that will have a 60-day comment letter period. The committee was also provided with a potential annual improvement to obtain preliminary reviews. There were two topics of discussion, but perhaps we focus on the one that relates to the accounting for lease payments for given and a question of IFRS 9 versus IFRS 16.

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