Our Resource Centre is a hub for all things leasing.

Applying IFRS 16 - How will it Impact Business Leasing Strategies

Posted by Ryan Hendrie on 18/04/19 10:03

This article we look to explore what impact the introduction of the new lease accounting standards may have on the way businesses view, evaluate and consider leasing, as well as examining how business leasing strategies might be affected.

Identifying the Organisational Benefits of the New Lease Accounting Standards

Posted by Ryan Hendrie on 16/04/19 10:48

Following years of debate, the International Accounting Standards Board (IASB) issued the new IFRS 16 standard for the treatment of leases.

IFRS 16 & ASC 842 Lease Accounting Check List

Posted by Ryan Hendrie on 09/04/19 10:17

2019 is the first accounting period for which the new lease accounting standards must be applied - do not let things drift but instead satisfy yourself that the following areas have been understood and addressed.

IFRS 16 & ASC 842 Lease Accounting – A positive change for analysts and investors

Posted by Ryan Hendrie on 12/03/19 10:24

For as long as businesses have been “renting” assets, investors, credit-rating agencies, and analysts have had to assess the effect and impact that operating lease commitments might have on a company’s future performance by using difficult to calculate estimates based on entries in the Notes to the financial statements rather than the P&L or Balance Sheet.

Innervision & Addison Lee Group Announce IFRS 16 Partnership

Posted by Ryan Hendrie on 20/02/19 14:00



London, UK — Wednesday, 20th February 2019 - 2.00pm (GMT) — Innervision Management Ltd (Innervision), an industry leading provider of cloud-based lease management and lease accounting software solutions, today announced that Addison Lee Group (Addison Lee), a London-based private hire company has chosen Innervision’s market leading solution LOIS Lease Accounting (LLA) as its dedicated solution for transitioning to the new standard – IFRS 16.

Innervision Reaches 100 Lease Accounting Customer Milestone

Posted by Ryan Hendrie on 31/01/19 12:29

London, United Kingdom, 31st January 2019 - Innervision Management Ltd (“Innervision”) the leading lease accounting solutions provider, is delighted to announce that over 100 companies globally have now selected its flagship product, LOIS Lease Accounting (LLA) to transition to the new lease accounting standards – IFRS 16 and FASB ASC 842.

New Lease Accounting - The State of Implementation

Posted by Ryan Hendrie on 22/01/19 11:11

 



The adoption “deadlines” for IFRS 16 and ASC 842 have now passed and while there was no seismic movement across the globe on 1st January 2019, nonetheless, financial reports for periods post the implementation deadline will resound with the impact of the trillions of dollars’ worth of operating lease commitments now appear on balance sheets across the world.

Announcing ISO 27001:2013 Certification

Posted by Ryan Hendrie on 03/01/19 11:00

 

London, United Kingdom — 3rd January 2019 — 11 am (GMT) — Today Innervision Management Ltd (Innervision) is proud to announce that it has achieved ISO 27001:2013 certification.

IFRS 16 Insights: How The New Standard Will Impact Corporate Valuation

Posted by Ryan Hendrie on 19/12/18 10:14

The implementation of the IFRS 16 Lease Accounting Standard by any lessee will generally lead to an increase in leased assets and a corresponding increase in financial liabilities reflected on its balance sheet. It, of course, follows that there will be an impact on the corporate valuation of the business.

Compliance With IFRS 16 Lease Accounting Standard Is Just Weeks Away But There Are Still Challenges To Overcome

Posted by Ryan Hendrie on 11/12/18 12:28

Surveys come and go but IFRS 16 is here to stay.