There’s a big change on its way in the world of leasing
It may not affect you directly but it will certainly impact on your business and the way it accounts for your fleet in its financial reports and balance sheets. That change is coming in the form of IFRS 16. If you haven’t heard of it yet, then don’t worry. You’re going to hear a lot about it in the near future.
Put simply, IFRS 16 is a new accounting standard that will require all companies that lease items or services for their business – whether that’s vehicles, offices, property, IT systems, machinery, even coffee machines – to report those leases on their balance sheet.
If your organisation leases items or services it is essential that you understand the changes that are on the way. In this free eBook, we will look at:
- What is IFRS 16?
- How will it affect your business?
- What can you do to prepare?
- How we can help you?
Ready to find out more?
Submit your details to access our IFRS 16 eBook and our IFRS 16 Calculator.