The Ledger

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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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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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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Subleasing accounting 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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How to quickly achieve lease accounting compliance

Posted by Sarah Werner

With many finance teams wrapping up revenue recognition projects, lease accounting (IFRS 16 / ASC 842) projects have taken a backseat.  Unfortunately, for public companies, the deadline for this standard – January 2019 – is fast approaching.

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How to prepare for your lease accounting project

Posted by Sarah Werner

Aptitude Software lease accounting expert, Alan Berkley, recently led a webinar on mitigating risks when implementing a lease accounting solution.

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Lease accounting compliance: what to consider when choosing an IFRS 16/ASC 842 vendor

Posted by Andrea Herbert

The deadline for IFRS 16/ASC 842, the new lease accounting standards, is approaching fast, with public companies needing to be compliant for reporting periods after 15th December 2018 (ASC 842) or 1st January 2019 (IFRS 16.) Private companies...

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Our CEO shares his thoughts with Accounting Today

Posted by Sarah Werner

Today's CFOs may be feeling a bit overwhelmed when they consider the storm of accounting regulations that is approaching. New accounting standards around leasing (ASC 842/IFRS 16), insurance contracts (ASC 942/IFRS 17), revenue recognition (ASC...

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

Posted by Sarah Werner

For large, multinational companies, a shift to the new leasing standard (IFRS 16/ASC 842) will cause unforeseen impact.

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Leasing FAQs

Posted by Sarah Werner

Q: Can we use manual workarounds to address the new standard?

A: While a manual workaround may be possible for a company with a very low volume of leases, the complexities required by IFRS 16 / ASC 842, (notably around components, options,...

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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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