Search Results for: iris
The Chartered Institute of Payroll Professionals on Holiday Pay
Recently, we’ve been writing about the upcoming changes to Holiday Pay Legislation, brought about after the results of two court cases; Fulton & Baxter vs. Bear Scotland, and Lock vs….
FASB Leases (Topic 842) at a glance: A brief overview
The Financial Accounting Standards Board (FASB) have finally published their new lease accounting standard. After the decade long deliberation process, both the board now had a final version, marking the biggest…
FASB have published Leases (Topic 842) – US GAAP changes to lease accounting
On Thursday 25th February, the Financial Accounting Standard Board published their finalised standard detailing the changes to lease accounting for US GAAP users. Public companies using US GAAP will need…
Will Shared Parental Leave affect your business?
Early last year, the rules on parental leave were changed to allow both parents to share time off work, which traditionally had been reserved for the mother. The success…
FASB Announce 2018 as Effective Date for Lease Accounting
At the end of last year, the Financial Accounting Standards Board (FASB) voted to proceed with the new accounting standard and announced 15th December 2018 as the effective date for all…
Download your free payroll factcard for 2016/17
Download my free 2016/17 factcard Back in mid-January, we put together a 2015/16 payroll factcard for the upcoming self-assessment tax returns which contained a range of helpful facts and…
The Scotland Bill, what you need to know
From April 2017, the Scottish Parliament will be given various new powers as they are passed from Westminster to Hollyrood. Amongst these new powers, Scotland will have the power…
Benefits of Data Analytics for Effective Lease Management
In today’s constantly shifting business world, where companies are continuously searching for valuable insights and opportunities that help facilitate business growth, data has become an integral component of effective…
Is ‘Workie’ working for auto enrolment?
Back in October 2015, the Department for Work and Pensions (DWP) introduced Workie, their ‘mascot’ for the workplace pension reform. Workie, is a large, two-horned creature who is, as DWP…
Finance Leases Vs. Operating Leases (Infographic)
Leases come in two categories: Finance leases (also known as Capital Leases) and Operating leases. This differentiation is important when it comes to accounting for leases as each type of…
Persons with Significant Control (PSC) and Confirmation Statements
Persons with Significant Control (PSC) and Confirmation Statements The Small Business, Enterprise and Employment Act will see the introduction of Persons with Significant Control (PSC) and the Confirmation Statement which…
Aldens Case Study
We recently spoke with Tim Baker, Finance Manager at Aldens Specialist Catering Butchers to find out about the IRIS Managed Payroll service to see how it has helped the business…
IFRS 16 Leases: Definition of a Lease for New Lease Accounting Standard
One of the most talked about aspects of the new global lease accounting standards is the revised definition of a lease, in particular, how leases differentiate from service agreements. The…
IFRS 16 At A Glance: A Brief Overview
Early 2016, the IASB published the biggest change to lease accounting in 30 years. The long awaited and much debated IFRS 16 Leases was shared with the masses January 13th 2016….