Seminar: Accounting for Leases - Christchurch

The way Tier 1 and 2 public benefit entities (PBEs) account for leases is under review.

Not-for-profit and public sector entities have lease arrangements, with many of these at below-market terms (concessionary leases).

The potential impact of the proposed changes are considered to be widespread and may impact both an entity's financial position and financial performance.