Q&A : Lease Accounting Standard

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In January 2016 the International Accounting Standards Board (IASB) published a new standard for lease accounting (“IFRS 16 Leases”). The new standard will impact how fleets are accounted for under IFRS.

Although it will take until 1 January 2019 for these rules to become effective, some companies will need to adjust their reporting for (operational) leases by the end of 2017.

In order to inform you of the upcoming changes in lease accounting and the impact on IFRS reporting for fleets, LeasePlan’s Head of Consultancy Matthew Walters answers the most important questions on this topic in this Q&A Slideshare.

 


For further information please speak to your LeasePlan Account Manager or a member of the LeasePlan Consultancy Services team

Tel:  0344 371 8032 Email: consultancyservices@leaseplan.co.uk

 

 

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