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Congratulations to the stars of the British Accountancy Awards 2017
On Friday 13th October the 2017 British Accountancy Awards took place at the London Hilton. It was a night of glitz, glamour and celebration for the accountancy industry. The British…
3 Signs That Indicate A Business Is Ready For Lease Accounting Software
If your business is growing thanks to the many benefits of using lease agreements to acquire assets, managing your portfolio is reason enough. But if you look at these three…
Data Breach – Morrisons Employees Sue For Personal Data Leak
This week a landmark High Court case began as over 5,500 current and former employees of WM Morrison seek compensation over a companywide personal data breach. The case thought to…
Who Will Enforce IFRS 16?
IFRS 16 enforcement will ultimately lie with the European Union as it works with private sector bodies, such as the Financial Reporting Council in the UK and the International Accounting…
What’s Happening In Financial Year 2017/18 And Beyond?
With financial sector changes happening in almost daily – and recent stock market hits – what trends, predictions, and financial developments are on the cards for the rest of this…
The Pros And Cons Of Leasing In Light Of IFRS 16 Lease Accounting
In a recent blog post, Why Lease As A Business, we looked into the pros and cons of leasing for business purposes. A running theme on the blog of late…
Why Lease As A Business?
John likes cars. He always has done. Towards the final furlong of his career and at a stage in his personal life where he suddenly has exponentially more disposable income,…
Everything You Need To Know Regarding The Advantages Of Lease Management Automation
With the enormous work involved in becoming compliant with the lease accounting changes arising from IFRS 16 – and that is after the monumentally intricate task of assessing what does…
11 Time-saving Tips For Busy Finance And Accounts Departments
It’s month end and you’re up against it. It seems that no matter how much you try to plan what order you’ll do everything in, your To-Do list doesn’t seem…
Difference Between Leasing vs Hire Purchase – What’s The Difference?
When deciding between leasing an asset or considering a hire purchase (HP) as a means of obtaining the item, what do you need to know? What are the main differences…
How To Get Your Accounting Team To Understand The Importance Of IFRS 16
Some things are too distant to become a matter of importance until they are thrust upon you. Like a reluctant GCSE student realising that their maths’ exam is only a…
The future is now – pay for petrol, bills and dinner money through apps!
As more and more companies begin to accept contactless payments or transactions through an App, consumers are beginning to expect this in every walk of life. This year, we’ve seen…
How To Speed Up The Lease Accounting Data Collation Process [FREE Download]
Getting to grips with how to achieve IFRS 16 compliance was one thing, but going through the data collection process is a whole other ball game. It’s laborious and difficult…
What Are The Top Financial Metrics Impacted By The New Lease Accounting Standard – IFRS 16?
The headline financial metric to be impacted by IFRS 16 and the lease accounting standard change is that all leases will be brought on balance sheet. These changes will obviously…