IFRS 16 Leases: tips and advice for vehicle lease contracts - part 4

New lease accounting rules under IFRS 16 mean fleet leases will have to be recorded on the balance sheet for the first time as right of use (ROU) asset requirements change. Paul Lippitt ACA, principal consultant and Andrew Charlton, senior finance manager at Lex Autolease explain the implications of the rule changes on company car leasing

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