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This model reduces the upfront costs for healthcare providers and ensures a regular income for the manufacturer. Healthcare providers can pay monthly fees for the use of the equipment, which includes regular maintenance, software updates, and access to the latest technology without worrying about large upfront capital expenditures.
In addition, global companies need the flexibility to comply and report according to multiple accountingstandards. For leasing, this means International AccountingStandards Board’s (IASB’s) IFRS 16 and US GAAP Financial AccountingStandards Board’s (FASB’s) ASC 842.
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