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.

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.

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.

North America Poll Reveals Companies Are Still Behind in Their Preparation for ASC 842 or IFRS 16

Posted by Ryan Hendrie on 06/12/18 10:42

 


Back in February 2016, The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASC 842) with the intention of improving on implementation the financial reporting of lease transactions whether the leasing of aircraft, property or equipment of any type – IT, copier, medical or manufacturing.

FASB Approve Lessor Accounting Amendments to Ease ASC 842 Adoption

Posted by Ryan Hendrie on 04/12/18 12:38

 

Approved Accounting Standards Amendments, Leases (Topic 842): Narrow-Scope Improvements for Lessors:

Retail Sector Significantly Impacted by New Lease Accounting Rules

Posted by Ryan Hendrie on 29/11/18 16:07

 



“It feels like retail is now closer to the precipice”
Theo Paphitis is quoted in the Daily Telegraph Business Section (05/11/18). He was speaking specifically post-budget but whenever the retail sector is mentioned it is generally with a cloud foreshadowing doom. The online retailers, falling footfall in malls, empty shops in the high street all seem harbingers of doom.