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The New Lease Accounting Standards: The Story So Far

On the 1st January 2019, IFRS 16 will usher in a new era of business practice with an updated lease accounting standard. And while many organisations remain unaware of the…

Making Tax Digital Software Choices

  It’s been a while since we last discussed Making Tax Digital (MTD) and we have been busy working on our solutions. With the new fiscal year around the corner…

The Value Management Accountants Bring To Business

Management accountants play a pivotal role in business operations. They’re responsible for collecting, processing and preparing data that will help managers to make key decisions in the planning of corporate…

Lease Accounting Frequently Asked Questions

IFRS 16 Leases will replace IAS 16 Leases for reporting periods beginning on or after 1 January 2019. In the meantime, there are important implications for businesses to consider if…

Rowleys claims first quarterly filing submission in MTD programme

Rowleys Chartered Accountants has become the first UK accountancy practice to complete a quarterly filing submission in the Making Tax Digital (MTD) programme using IRIS Personal Tax. The announcement hails…

Reminder: pension contributions are set to increase in April

As part of Automatic Enrolment, both employers and employees have to make minimum contributions towards workplace pensions. Background The final staging dates have now passed for Automatic Enrolment, meaning that…

More schools are choosing to go cashless with an Online Payments system

With thousands of nurseries, primary and secondary schools now using our cashless Online Payment System to receive and process payments, experience tells us that parents are only too happy to make payments…

Help is at hand in under 60 seconds with our Live Chat support service

The days of waiting on the phone for a customer service advisor to take your call are long gone at ParentMail. Help is at hand almost instantly with our fantastic…

How Well Do You Know Your Leases?

The first step in complying with IFRS 16 is to gather all of your lease agreement data and information in order to conduct a full and proper assessment. Then, and…

Do you know where your lease agreements are? Where to find the lease data required for IFRS 16

As you undoubtedly know by now, IFRS 16 will come into full effect as of January 2019. In order to meet the transition requirements, companies will need to allow enough…

Electronically Filing Accounts – Part 1

  HMRC have released a new version of their Self-Assessment Exclusions for individuals. These are a list of scenarios that the HMRC system cannot cope with or will not calculate…

Adding value to the customer experience; lessons from the trenches

For many accountancy practices, the relationship with customers is changing from process-driven tactical accounting and bookkeeping to one of added value and strategic financial consultancy. And it’s not only accountants…

Will Changes To Lease Accounting Trigger A Change In Business Practices?

With the implementation of IFRS 16 accounting changes in January 2019, many people are wondering whether there will be significant changes in business practices as a result of these. The…

The 10 Best LOIS Lease Accounting Software Features Users Depend On

The introduction of the new lease accounting standards, IFRS 16 and FASB ASC 842, will have a significant impact on the way leases are recognised on financial statements. The new…