IASB staff have recorded a webcast with Board member Stephen Cooper discussing the disclosure requirements for lessees in IFRS 16 Leases. This is the sixth in a series of webcasts that the International Accounting Standards Board (Board) is providing to support the implementation of IFRS 16.
As well as a discussion on IFRS 16 requirements, the webcast contains insights from Stephen Cooper, including his views on:
- the Board’s rationale for the disclosure requirements in IFRS 16;
- the information needs of users of financial statements; and
- key considerations for a lessee in determining what information is most relevant to users of financial statements.
The webcast can be accessed via the IFRS 16 implementation page.