Search Results for: iris
Preparation Deadline for New Lease Accounting is Sooner Than We Thought
Following the announcement of IFRS 16 and FASB ASC 842 earlier this year, businesses can begin the process of implementing the new global lease accounting standards. However, they need to…
4 Top Tips for Re-enrolment from The Pension Regulator
The Pensions Regulator have now launched their new online guidance for companies approaching their auto enrolment re-enrolment deadlines.Book My Webinar PlaceThe guide splits re-enrolment down into four clear sections:1. Choosing the…
Gender Pay Gap – Consultations Begin Ahead of Introduction
The Government Equalities Office has begun consultations to gather views and opinions ahead of October’s changes to Gender Pay Reporting in England. Book My Earnie IQ Demo The changes, which…
IFRS 16 Causes HMRC to Consider New Lease Tax Treatment
The biggest change to lease accounting in 30 years is already having a large impact on lessees’ finances and now HMRC is considering whether to reform the tax treatment of…
Back to Leasing Basics: Finance Lease vs Operating Lease
As it currently stands, leases are generally divided into two types. Although there are many variations and derivatives of a lease, they are usually described as either Finance Leases (also…
6 Key Points from ACAS to Help Clarify Holiday Pay Changes
The way businesses calculate holiday pay is changing, and in response, ACAS have published 6 key points of clarification to help businesses. Book My IRIS Holiday Pay Module Demo The…
The Importance of an Early Lease Accounting Impact Report: IFRS 16 Example
IFRS 16 and FASB ASC 842 are set to revolutionise the way companies account for their leases, which will have a knock on effect on their balance sheets, income statements,…
Farewell to HMRC’s Free CT600 Form – And How Best to Replace It
As the Making Tax Digital juggernaut rolls ever closer, there have been a whole load of changes to HMRC’s digital offering. One of these is the demise of the Government’s…
Theresa May: Government Will Keep ‘Triple Lock’ on Pensions
The Government resists calls by former Pensions Minister Baroness Altmann to scrap the triple lock on state pensions, despite warnings of high costs. Prime Minister Theresa May has reassured savers…
£757bn Could Eventually Lie Unclaimed in ‘Forgotten’ Pensions
The Department of Work and Pensions have revealed the figure which could stay unclaimed as people gather multiple pension pots over their career. Book My IRIS AE Suite™ Demo Before…
Changes to IFRS 16 and FASB ASC 842 Bring Forth New Opportunities
The announcement of IFRS 16 Leases and FASB’s ASC 842 will see lease accounting change on a global scale and witness an estimated US$2.8 trillion worth of lease commitments added…
Industry Focus: Assessing the Impact of IFRS 16 on the Telecommunications Industry
The telecoms industry is connecting people all around the globe; they are also one of the most impacted sectors by the new lease accounting standard, IFRS 16. Hans Hoogervorst, Chairman…
Technology will Play a Pivotal Role in IFRS 16 Compliance
The announcement of the new standards has left many organisations scrambling to get to terms with the new accounting principles, revealing a problematic lack of adequate technology to help with…
PML Accountants Case Study
This case study comes from Phil Lewis, Managing Partner at Philp M Lewis & Company. We spoke with Phil Lewis, PML Accountants to find out how IRIS helps the firm…