Financial leasing agreements: How do deal with them in the accounts
Is yours a large company that uses leasing to finance important equipment? And do you have the full risk for and full control over the leased asset? If so, you should read this.
With IFRS 16, the CFO must have full control over all of the company’s lease agreements. The time is about to run out for companies that are not in progress with the preparations for IFRS 16 – the new accounting standard for lease agreements. In most cases, the implementation creates significant business-related, practical and theoretical challenges for the CFO and their colleagues.