Articles and Resources
SAP’s key driver is to help organisations adopt leading practices and seamlessly integrate business functions, but what about financial reporting, consolidation, budgeting and forecasting?
The road to IFRS 16 implementation is long and complex. Almost all companies that use leases will need to change their reporting system to become compliant with the new standard.
IFRS 16 rules require that all material operating leases to be reported only 3% of global companies have fully completed their lease accounting compliance projects. IFRS 16: It’s time to take action!
While the IASB published IFRS 16 Leases in January 2016 with an effective date of the 1st of January 2019 very few companies are ready or understand the full implications for their business of implementing the standard.
If you are reading this then you are probably aware of the new Lease Accounting Standard which came into effect on the 1st January 2019.
Before I share my experiences to date I should probably qualify
AIS Consulting has compiled this 10 point guide to help anyone with their Finance Improvement Project
As we move towards the 1st Jan 19 deadline, more organisations are considering their options: in house Excel models, lease management solutions with IFRS 16 bolt-on
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