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Insights into MFRS 16: May 2019

How do you treat a variable lease payment in the financial statements of an interim period?

MFRS 16 must first be applied to accounting periods beginning on or after 1 January 2019, including interim periods beginning on or after that date. The application of MFRS 16 to those interim periods will broadly follow the requirements of MFRS 16 except in one key respect.