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The full monty: Open books will benefit companies

The IASB’s new rules on accounting for leases should encourage firms to embrace balance sheet transparency.
The full monty: Open books will benefit companies

From 2019, companies will have to record all leases that exceed one year on their balance sheets as assets and liabilities, under a new accounting standard, IFRS 16 Leases, issued by the International Accounting Standard Board (IASB).

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