Aptitude Blog

How it works - Aptitude Lease Accounting Engine

Posted by Meagan Mujushi

See an overview of the Aptitude Lease Accounting Engine software in action via video or, read the transcript below. 

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IFRS 17 standard delayed a year...now what?

Posted by Sarah Werner

If you work for an insurance company and you report under IFRS GAAP, you no doubt have seen the decision by the International Accounting Standards Board (IASB) to delay the implementation of IFRS 17 for one year to 1 January 2022. 

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Unintended consequences of the new lease accounting standards (IFRS 16 / ASC 842)

Posted by Sarah Werner

The new lease accounting standards will make financial statements more transparent and comparable by requiring organizations to report operating lease liabilities on the balance sheet.  But will the lease accounting standards have other...

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IFRS 17: The PAA approach…simpler, but is it simple?

Posted by Andrea Herbert

Two things to consider before adopting the Premium Allocation Approach under IFRS 17

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Aptitude + RevStream, one year on

Posted by Meagan Mujushi

Just over a year ago, on August 30, 2017, Aptitude Software and RevStream joined forces. We thought we would look back at the past year to see how the two companies have come together, what's in store for the Aptitude RevStream product and how...

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Hot off the press - Q3 Global IFRS 17 Readiness Assessment

Posted by Sarah Werner

We recently released our Global IFRS 17 Readiness Assessment (GIRA) Q3 survey results which revisits our base of insurers to see how IFRS 17 projects have progressed since the first report was released in January of 2018.

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How running helps our global team

Posted by Meagan Mujushi

 One of the challenges of being a part of a global company with many offices is building trust. Trust increases collaboration and helps us find solutions and deliver value faster. Having the opportunity to build commonalities and shared...

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Why our implementation experts speak ‘accounting’

Posted by Sarah Werner

The only thing that is constant is change.”
- Heraclitus of Ephesus

Within the ever-changing world of business, regulatory change stands out as particularly daunting to even the most experienced CFO. Time-bound, complex and often impacting...

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#thisismyaptitude October

Posted by Meagan Mujushi

This month we showcase a few finance rockstars we have met.

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Dual reporting challenges under IFRS 16 & ASC 842

Posted by Sarah Werner

The new lease accounting standards, IFRS 16/ASC 842, will bring trillions of dollars of lease liabilities onto company balance sheets and trigger significant accounting changes when they take effect in December 2018/January 2019. This is the...

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Aptitude Software parent company, Microgen, named UK's top publicly quoted tech company by Megabuyte

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IFRS 17’s Contractual Service Margin – an actuarial or accounting issue?

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Our CEO shares his thoughts with Accounting Today

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Multinational companies could be heading for a 'leaseberg' of huge proportions

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