IFRS 16: Are you ready for April 2024?
Upgrade your financial lease reporting and stay compliant ahead of the deadline
The leasing standard is changing
Despite the recent extensions, the deadline for public sector IFRS 16 compliance is fast approaching.
This isn't just a major accounting change, it's also a data management challenge as IFRS 16 demands a whole new approach to lease contract inventories, processing, updating, and recording. To carry out the required calculations, data must be collected, enriched and standardised: a difficult task if the information is scattered across different departments in a range of formats.
Don't waste this time, ensure your processes are up to the task, update your capabilities, and ensure you comply on time with minimum disruption.
Download your IFRS 16 Essentials guide to:
- Understand the changes with IFRS 16 implementation
- Learn how to overcome the challenges public sector organisations face
- Get fast, reliable liabilities, expenses, depreciation, and interest expense data at your fingertips
- Streamline your lease accounting processes
- Achieve and maintain IFRS 16 compliance
Make sure you're ready for April with our IFRS 16 Essentials guide
Streamline your lease accounting processes
Flexible modelling
Through the power of analytics, we can help you process and calculate large volumes of data quickly.
Process monitoring
Monitor the whole process with a dashboard that provides the status throughout the submission, adjustment, and consolidation process.
Detailed disclosure and reporting
A single version of data makes it easy to analyse, drill down to details, and report while adhering to IFRS 16 disclosure requirements.
Easy integration
Our regulatory solutions are non-disruptive to existing architectures and integrate with all your systems.
Upgrade your financial lease reporting
The key capabilities of the lease accounting solution
- Load and map from internal and external data sources
- Data repository
- Data validation and controls
- Preconfigured data mode.
- Preconfigured and extendable calculation logic
- Reporting and disclosures
- Audit trail
- Workflow
Get IFRS 16 software you can rely on
- Effortlessly consolidate multiple data sources into a central database
- Automate complex calculations to save valuable time and free up resource
- Eliminate the risk of error and reduce manual data processing via hassle-free processing
- Benefit from flexible modelling capabilities to realise data your business can trust
Download your IFRS 16 Essentials guide
- Understand the changes with IFRS 16 implementation
- Learn how to overcome the challenges public sector organisations face
- Get fast, reliable liabilities, expenses, depreciation, and interest expense data at your fingertips
- Streamline your lease accounting processes
- Achieve and maintain IFRS 16 compliance
