LASAAC

Government regulator approves lease accounting model delay

News

8 Apr 22

Plans to delay introduction of IFRS16 Leases for two years have been signed off by the government’s Financial Reporting Advisory Board (FRAB).
Emergency consultation launched on delaying IFRS 16 implementation

News

4 Feb 22

CIPFA has released an emergency consultation on postponing imminent lease reporting requirements for another year to help speed up local audit.
Concerns over Autumn budgeting after regulators reject Accounting Code simplifications

News

7 Apr 20

CIPFA is concerned that regulators' refusals to radically simplify the 2019-20 Accounting Code will put public finance professionals under huge pressure and impact 2021-22 budgeting.

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