Request for Information IASB/RFI/2025/1 Post-implementation Review of IFRS 16 Leases

The International Accounting Standards Board (IASB) has published Request for Information IASB/RFI/2025/1 Post-implementation Review of IFRS 16 Leases (“the RFI”) for public comment.

Issued by the IASB in January 2016, IFRS 16 Leases aims to improve how companies report their lease arrangements and enhancing the usefulness of financial statements for users. Specifically, the IASB expected IFRS 16 to improve:

• quality of financial reporting by providing more faithful representation of an entity’s assets and liabilities and greater transparency about the entity’s financial leverage and capital employed; and
  
  
• comparability between entities that lease assets and entities that borrow to buy assets, while also reflecting the economic differences between these transactions.

IFRS 16 is effective for annual reporting periods beginning on or after 1 January 2019.

The objective of the Post-implementation Review of IFRS 16 is to assess whether the effects of applying the new requirements on users of financial statements, preparers, auditors and regulators are as intended when the new requirements were developed. 

Preparers, auditors, regulators, and users are invited to respond based on their practical experience with IFRS 16—comments are most helpful when they refer to specific paragraphs, explain any unexpected outcomes and suggest improvements.

Click here to download the Request for Information.

Invitation to comment

Please send us your comments via email at technical@masb.org.my by the closing deadline of 15 September 2025.

Click here to submit your comments.