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1️⃣ Identify all existing lease arrangements
2️⃣ Assess the financial statement impact
3️⃣ Review loan agreements and covenants
The earlier you model the numbers, the more control you’ll have over the transition.
If you’d like help reviewing your lease portfolio, our team is here to support you.
#LeaseAccounting #FRS102Update #FinanceLeaders #UKBusiness #Accountants #FinancialPlanning
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