2024 Xm Leases Ifrs. It changes how local authorities recognise the leases entered into by their maintained schools in their accounts. Lessee’s company cars are leased under.


2024 Xm Leases Ifrs

Ifrs 16 replaces ias 17, ifric 4, sic‑15 and sic‑27. A lease liability will be recognised, reflecting the obligation to make lease payments over the lease term.

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