Welcome to the website of the IFRS Foundation and the IASB

Monday 22 December 2014

Banner graphic




The objective of the project is to develop a new Leases Standard that establishes the principles that lessees and lessors should apply to report useful information to investors and analysts about the amount, timing and uncertainty of cash flows arising from a lease. To meet that objective, a lessee should recognise assets and liabilities arising from a lease.

Project stages

Research documents

Board deliberations


Issued documents

Stage 1: completed July 2006
Stage 2: completed March 2009