Dissent of Nick Anderson and Zachary Gast from Covid-19-Related Rent Concessions beyond 30 June 2021
DO1 Messrs Anderson and Gast voted against the publication of Covid-19-Related Rent Concessions beyond 30 June 2021. They are concerned that an extension to the period during which the practical expedient is available will further impede comparability between lessees that apply the practical expedient and those that do not. They note that support from users of financial statements for Covid-19-Related Rent Concessions (the 2020 amendment) was predicated on limiting the practical expedient to a specific time frame that the amendment will extend by 12 months. They also note that one key reason the Board developed the 2020 amendment was because, at that time, lessees were applying IFRS 16 for the first time and that this is no longer the case.
Lessor accounting
DO2 Mr Zhang agrees with the right-of-use lessee accounting model and believes that it should be applied symmetrically to lessor a
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