Gabriela de Ávila Machado
Lawyer at Marcos Martins Advogados
Today, the CVM put into public hearing the Revision of Technical Pronouncements No. 16. This Revision provides for some changes in Technical Pronouncement CPC 06 (R2), related to Leases.
The changes are proposed as a result of benefits related to Covid-19 granted to lessees in lease contracts and are in line with the amendment to IFRS 16 – Leases, approved by the International Accounting Standards Board (IASB).
The aim of the Review is to provide a rapid response to entities facing one of the many challenges posed by the Covid-19 pandemic.
Suggestions should be sent to [email protected] by June 26, 2020.
