Version date: 26 February 2020 - onwards
Initial direct costs (paragraphs 69 and 83) (para. BC237)
(paragraphs 69 and 83)
BC237 IFRS 16 defines initial direct costs consistently with the definition of incremental costs of obtaining a contract in IFRS 15. Defining initial direct costs in this way means that the costs incurred by a lessor to obtain a lease are accounted for consistently with costs incurred to obtain other contracts with customers.