BC1 This Basis for Conclusions summarises the IASB’s considerations in developing IFRS 16 Leases. It includes the reasons for accepting particular views and rejecting others. Individual Board members gave greater weight to some factors than to others.
BC2 IFRS 16 is also accompanied by an Effects Analysis. The Effects Analysis describes the likely costs and benefits of IFRS 16, which the IASB has prepared based on insight gained through the exposure of proposals and feedback on these proposals, and through the IASB’s analysis and consultation with stakeholders.