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From January 2019, the International Financial Reporting Standard (IFRS) 16 requires leased assets and the corresponding lease liabilities to be reported on the balance sheet.

From January 2019, the International Financial Reporting Standard (IFRS) 16 requires leased assets and the corresponding lease liabilities to be reported on the balance sheet. This is applicable to both operating leases and financial leases. How does this change in lease accounting affect leasing decisions and the leasing industry?

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