Our Resource Centre is a hub for all things leasing.

5 Questions for Finance Directors about Leasing and New Lease Accounting

Posted by Andy Haywood on 30/09/16 11:30

The number of companies who utilise leasing as a standard to procure the assets they need is greatly out-measured by the number of businesses who have a dedicated focus on their lease management. As an aspect of business that companies invest a great deal of capital into, it is surprising how few have the tools and expertise to make the most out of their leasing.

Industry Focus: Evaluating the Impact of IFRS 16 on the Transport and Logistics Industry

Posted by Andy Haywood on 15/09/16 14:30

Any company that uses leasing as a method to finance their assets will be impacted by the upcoming implementation of IFRS 16 and FASB ASC 842. However, the new lease accounting standards will have a more significant impact on certain industries, including those within the transportation and logistics sector.

Is your organisation prepared for the IFRS 16 and FASB Topic 842 lease accounting standards?

Posted by Ryan Hendrie on 09/09/16 11:30

Over the past couple of years, there has been greater co-operation between the International Accounting Standards Board (IASB) and their American counterparts, the Financial Accounting Standards Board (FASB) with the aim of implementing a set of major changes to international lease accounting standards.

Preparation Deadline for New Lease Accounting is Sooner Than We Thought

Posted by Andy Haywood on 02/09/16 10:00

Following the announcement of IFRS 16 and FASB ASC 842 earlier this year, businesses can be the process of implementing the new global lease accounting standards. However, they need to start preparations now if they want to meet them.

IFRS 16 Causes HMRC to Consider New Lease Tax Treatment

Posted by Andy Haywood on 19/08/16 10:30

The biggest change to lease accounting in 30 years is already having a large impact on lessees’ finances and now HMRC is considering whether to reform the tax treatment of plant and machinery leases.

Back to Leasing Basics: Finance Lease vs Operating Lease

Posted by Andy Haywood on 11/08/16 12:00

As it currently stands, leases are generally divided into two types. Although there are many variations and derivatives of a lease, they are usually described as either Finance Leases (also known as Capital Leases) or Operating Leases.

The Importance of an Early Lease Accounting Impact Report: IFRS 16 Example

Posted by Andy Haywood on 04/08/16 10:30

IFRS 16 and FASB ASC 842 are set to revolutionise the way companies account for their leases, which will have a knock on effect on their balance sheets, income statements, as well as impacting important financial metrics. As virtually every company that leases will be impacted, it is vital that lessees conduct an assessment of the new standards’ impact on their financial statements and operational performance as early as possible.

Changes to IFRS 16 and FASB ASC 842 Bring Forth New Opportunities

Posted by Ryan Hendrie on 28/07/16 13:30

The announcement of IFRS 16 Leases and FASB’s ASC 842 will see lease accounting change on a global scale and witness an estimated US$2.8 trillion worth of lease commitments added to balance sheets.

Industry Focus: Assessing the Impact of IFRS 16 on the Telecommunications Industry

Posted by Andy Haywood on 21/07/16 10:30

The telecoms industry is connecting people all around the globe; they are also one of the most impacted sectors by the new lease accounting standard, IFRS 16.

Technology will Play a Pivotal Role in IFRS 16 Compliance

Posted by Ryan Hendrie on 14/07/16 10:30

The announcement of the new standards has left many organisations scrambling to get to terms with the new accounting principles, revealing a problematic lack of adequate technology to help with this transition.