29/07/2025 (Agence Europe) – On Monday 28 July, the European Financial Reporting Advisory Group (EFRAG) launched a consultation on its draft comment letter on accounting standard ‘IFRS 16’ on leases. The International Accounting Standards Board (IASB) has requested feedback on the implementation of this standard. In its letter, EFRAG notes that overall, the standard is working well and that it has largely achieved its objective of improving financial reporting on leases. Users have...