Lease Accounting
The trusted solution for IFRS 16 (AASB 16) reporting
We’ve worked with chartered accountants who live and breathe IFRS 16 to design a world class IFRS 16 module that’s been tested against over 1,000 scenarios provided by global accounting firms. Auditors around the globe introduce Nomos One to their clients, and we can see why – when it comes to IFRS 16 we have you covered.
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Lease Management
Your end-to-end lease management software
Our intuitive, easy-to-use software with event tracking, automated reminders, custom fields and reports, a personalised dashboard, and Event Workflow will transform the way you manage property and asset portfolios, saving you time and money.
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Onboarding
Thorough portfolio review and customised account set-up
Our onboarding team will assess the state of your existing information before creating an onboarding plan that works for you, ensuring a seamless transition.
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Transition made easy
For many businesses, the transition of moving from operating leases to finance leases is a challenge. It involves finding the right processes, correct data and requires property and finance teams to work closely together with other departments such as procurement and compliance. A lease management solution provides you with all vital source data held in one place and minimises the risk of double-entry when using multiple platforms.
Full visibility
Nomos One supports all three transition methods and offers full visibility of individual lease treatments under IFRS 16 (AASB 16). That way, you can feel confident presenting the numbers to your auditor. Detailed world class reporting and analytics allow for accurate data and business insights. Report at individual lease level, by groups, portfolio or different business entities.
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Ability to remeasure from changes to lease components
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Automatic calculations around lease liability on certain projections
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Full reporting and journal output
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Transition requirement guide
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Scenario impact and budget capability
