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FASB vs. IASB – How IFRS 16 and US GAAP Lease Accounting Standards Differ

Lease accounting is changing on a global basis. Although virtually all operating leases are being brought onto company balance sheets around the world, there is one stand out difference between the…

Read our Holiday Pay interview with the CIPP’s Helen Hargreaves

Helen Hargreaves, Policy & Research Manager at the Chartered Institute of Payroll Professionals visited IRIS recently to take part in our IRIS & Earnie Online Payroll Conference event, afterwards we…

The top five most read auto enrolment blog posts from February

Here are the top five most read auto enrolment blog articles from February Is ‘Workie’ working for auto enrolment? Back in October 2015, the Department for Work and Pensions (DWP)…

IFRS and FASB Have Released New Lease Accounting Standards – Now What?

Companies the world over have spent the last 10 years anticipating the final publication of the new standards to lease accounting. Now IFRS 16 and FASB Topic 842 are published,…

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…

The Accountancy Practice of the Future

When we’re building new products at IRIS, or planning upgrades to existing ones, we always turn to our customers before looking internally or at the wider market. A few years…

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…

Marginal Gains: Little victories can win the biggest wars

In our latest series of blogs, IRIS Product Director Steve Cox looks at the benefits of combining a marginal gains strategy with IRIS software to create wide-ranging advantages for your…

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…