08/12/2015 - EFRAG's report on the findings from the public survey on the expected effects of the introduction of IFRS 16 Leases on financial covenants in loan agreements
In July 2015, EFRAG and the National Standard Setters AAT, ANC, ASCG, FRC, and OIC launched a public survey. The IASB also participated in this consultation.
The objective of the survey was to consult with European constituents to understand their expectations of the effects of the introduction of IFRS 16 Leases on financial covenants in loan agreements.
EFRAG, the IASB, and National Standard Setters would like to thank all those that participated in this public survey.
The report can be downloaded below.