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How to Complete IFRS 16 Calculations Correctly

Ensuring you get your IFRS 16 calculations correct is essential, not only for compliance and financial reporting ...

Don’t Suffer From Stockholm Syndrome, Make the Change

We have all done it, stuck with something that is suboptimal at best, and downright useless at worst. And it’s no ...

How a good lease accounting system solves common IFRS 16 mistakes

The IFRS 16 standard has been in effect for over three years now. Throughout this time, some companies made the ...

IFRS 16: Why you shouldn’t always use low-value & short-term exemptions

Many factors are involved in getting IFRS 16 right, both for compliance and to realise operational and strategic ...

How to Use Data to Achieve ROI From Your Lease Portfolio & Save Money

Managing a company’s lease data with software that makes IFRS 16 compliance efficient and simple is one of the key ...

The Great Resignation Impacts More Than Just Your Staff!

The Great Resignation has seen employees quit their jobs in staggering numbers, either moving on to higher paying, more ...

IFRS 16 and Year-End: Some Useful Information From the Accounting Bodies

Another year-end is here for many corporates in Australia and New Zealand. Therefore, I thought it would be worthwhile ...

It’s Time to Look Beyond IFRS 16 Compliance

IFRS 16 drove the need for companies to establish new compliance processes, including the calculation of an incremental ...

How an IBR Strategy Presents Opportunity in This Economic Environment

IFRS 16/AASB 16 leases often requires lessees to discount lease payments with an Incremental Borrowing Rate (IBR) in ...

How to Optimise Your IFRS 16 Compliance Process and Save Time

With the benefit of hindsight three years after implementation, now is a perfect time for businesses to optimise their ...

IFRS 16… Really Shouldn’t Take That Long

Over the past 2-3 years we have seen year-end processes for IFRS 16 compliance begin with no precedent. In the rush for ...

How Your Incremental Borrowing Rate Impacts Your Balance Sheet Risk

The introduction of the IFRS 16 lease accounting standards saw $3 trillion worth of assets move to balance sheets ...