Partner, Head of Financial Reporting Advisory
Paul has over 18 years of experience advising corporate clients. He is a technical accounting specialist with vast experience and knowledge of IFRS, UK GAAP and company law.
Although this standard is predominantly directed towards financial institutions, it could impact the financial instruments (and therefore the financial statements) of all entities.
The accounts of every entity that uses leasing, hire purchase or rental arrangements as a financing solution will be affected by the new standard.