Our Resource Centre is a hub for all things leasing.

FASB Proposes Improved Lease Accounting Transition Reliefs

Posted by Ryan Hendrie on 10/01/18 12:04

The Financial Accounting Standards Board (FASB) recently (5th January 2018) issued a proposed accounting standards update intended to reduce the costs for preparers implementing the new standard.

Innervision & Travis Perkins Plc Announce IFRS 16 Lease Accounting Partnership

Posted by Ryan Hendrie on 06/12/17 15:30

Press Release: Wednesday, 6th December 2017 - 3.30pm (GMT)

National Express Group PLC Selects Innervision as its Preferred Technology Partner for IFRS 16 Lease Accounting

Posted by Ryan Hendrie on 21/11/17 14:00

Press Release: Tuesday, 21st November 2017 - 2pm (GMT)

Computacenter Selects Innervision As Its Preferred IFRS 16 Lease Accounting Solutions Partner

Posted by Ryan Hendrie on 06/11/17 14:00

Press Release: Monday, 6 November 2017 - 2 pm (GMT)

New Poll Reveals Companies Are Behind in their Preparation for IFRS 16

Posted by Ryan Hendrie on 14/06/17 15:40

During a recent two-day conference (9th & 10th May 2017) on implementing the new lease accounting standards, hosted by the IFRS Foundation; over 70 finance and accounting professionals were polled on a variety of IFRS 16 related issues, ranging from the status of their transition projects and their readiness for compliance, to identifying the most prevalent implementation challenges that have arisen whilst transitioning to the new standard.

Leasing Industry Update [Including Statistics]

Posted by Ryan Hendrie on 22/12/16 12:01

Leasing Industry Update: -

Leasing industry news remains positive. With growth within the sector continuing throughout 2016, despite uncertainty growing about the world economy.

FASB Issue Response to Technical Lease Accounting Queries

Posted by Ryan Hendrie on 15/12/16 10:34

In a recent news update, The Financial Accounting Standards Board (FASB) disclosed that its staff have received numerous technical enquiries relating to certain aspects of the lease accounting standard.

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.

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.

European Commission to Review Suitability of IFRS 16 Changes to Lease Accounting

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

After a decade of deliberations and redrafts, the new lease accounting standard IFRS 16 has come under scrutiny again, this time by the European Commission to review if IFRS 16 will be conducive to the European public good.