Our Resource Centre is a hub for all things leasing.

What are the benefits of leasing equipment?

Posted by Ryan Hendrie on 08/12/16 10:32

The benefits of leasing equipment and other assets are plentiful and wide-ranging. But you may be looking to improve your lease management or the principles of your lease administration. This post explores the benefits to leasing and how effective management can improve your ROI by leasing as opposed to buying assets (Lease vs Buy).

7 Questions to ask when assessing a company's readiness for the new lease accounting standards - IFRS 16 / FASB ASC 842

Posted by Ryan Hendrie on 01/12/16 10:35

Although the 1st January 2019 implementation deadline may seem a lifetime away in terms of lease accounting impact, the time is already here to make sure you are fully aware of how to prepare for IFRS 16.

The difference between IAS 17 and IFRS 16: How lease accounting is changing

Posted by Ryan Hendrie on 18/11/16 12:22

Out with the old and in with the new. The new – and hopefully improved – lease accounting standard from the International Accounting Standard Board (IASB) changes the way leases affect reported financial metrics as IAS 17 is replaced by IFRS 16.

Stakeholder Communication: Educating Investors and Stakeholders on the Impact of IFRS 16

Posted by Ryan Hendrie on 10/11/16 10:32

We’ve talked at length about how IFRS 16 will impact a company’s internal structures, processes and financial statements, and how technology is likely to play a significant role in facilitating compliance; but we have yet to speak about the need for organisations to educate and communicate the impact of the standard to investors, internal / external stakeholders and those with a vested interest in the company’s performance.

Full Retrospective or Cumulative Catch-up? – How to decide which IFRS 16 Transition Method your organisations should use

Posted by Ryan Hendrie on 03/11/16 16:22

There are several questions a company will need to ask themselves when preparing to implement the new international lease accounting standard IFRS 16. One of the most important of these is what transition method will they apply for the first year of reporting.

The 7 Step Guide to New Lease Accounting Compliance

Posted by Ryan Hendrie on 27/10/16 10:30

Following the announcement of IFRS 16 and FASB ASC 842 earlier this year, businesses are now faced with the challenging prospect of developing a process and strategy for implementing the new lease accounting standards in anticipation of the implementation deadlines.

IFRS 16 gets personal – Lease Accounting Standard Impact for Incentive Compensation Payments & Earn-outs

Posted by Andy Haywood on 20/10/16 16:12

The new lease accounting standards will undoubtedly have an impact at a company level, but with the shift in key financial metrics likely to affect reporting KPI’s and associated incentive payouts, this time, it’s also personal.

IFRS 16 Update: EFRAG issue Preliminary Consultation Document regarding new lease accounting standard

Posted by Andy Haywood on 13/10/16 10:30

Back in June 2016, the European Financial Reporting Advisory Group (EFRAG) began an assessment review of the suitability of IFRS 16 leases, the IFRS Foundation’s new lease accounting standard.

What is the IFRS 16 Exemption for Low Value Assets? (With IFRS 16 Example)

Posted by Andy Haywood on 06/10/16 10:30

The new international lease accounting standard, IFRS 16 Leases, contains numerous transitional and general exemptions to help reduce the costs associated with bringing virtually all leases onto balance sheet. One of these exemptions, which many lessees have asked for additional clarification, is the option to not disclose leases for low value assets under IFRS 16.

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.