UK Endorsement Board adopts Lease Liability in a Sale and Leaseback—Amendments to IFRS 16

The UKEB has today adopted Lease Liability in a Sale and Leaseback—Amendments to IFRS 16 (the Amendments). They were issued by the International Accounting Standards Board (IASB) in September 2022. The Amendments have an effective date of 1 January 2024, with earlier application permitted.

The UK-adopted international accounting standard text for these amendments can be found here.

For more information on the UKEB’s approach to this project visit our website.

We would like to thank all stakeholders who contributed to this project.