IFRS 16 Resources

When it comes to IFRS 16 we have you covered

Lease management and lease accounting software selection guide

End-to-end lease management and lease accounting software is no longer a ‘nice-to-have’ – it’s a ‘must have’. Spreadsheets will no longer suffice and neither will just any lease management platform. Under IFRS 16 you are required to forecast payments for the lifetime of your property, fleet and asset leases…

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IFRS 16 transition checklist

If you’re a lessee, IFRS 16 will impact you. The standard is extremely complex and to implement it effectively you’ll have to make a number of assumptions and use considerable judgment along the way…

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What is IFRS 16? A Nomos One whitepaper

International Financial Reporting Standard (IFRS) 16 Leases introduces a single accounting model for leases held by lessees. Essentially lessees are required to recognise a liability for the future lease payments and an asset that represents their right to use the leases asset…

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IFRS 16 Lease accounting – Are you ready?

IFRS 16 takes effect for accounting periods on or after 1 January 2019. The chief driver behind the change is to minimise off balance sheet accounting and bring operating leases on to lessee’s balance sheets…

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14 critical milestones for your IFRS 16 implementation plan

IFRS 16 implementation will take considerable effort and many months’ commitment. Tasks range from finding and compiling leases, reviewing contracts, accounting judgement and considerations, software selection and onboarding and all are likely to take far longer than you anticipate…

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IFRS 16 Transition options for lessees

One of the most significant decisions you’ll make during your implementation of the standard is which transition method to use. Your choice will impact the level of effort required to implement the standard as well as ongoing financial impacts…

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Excel vs lease management and lease accounting software

Excel vs lease management and lease accounting software Nomos One IFRS 16 resources Excel can do almost anything, but can it handle IFRS 16? We’ve all experienced the brilliance of Excel for forecasting, budgets, preparing journals and accruals, financial modeling…

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