The Ledger

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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Lease Management Systems vs. Aptitude Software Lease Accounting Engine: What’s Different?

Posted by Sarah Werner

Many organizations with significant lease portfolios have used Lease Management Systems to help manage lease renewals, payments, facilities management and other lease related tasks.  The introduction of the new leasing standard will not only...

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New leasing standard another regulatory punch for telecommunications

Posted by Sarah Werner

There are a few reasons telecommunications organizations are heavily impacted by the change to the leasing standard:

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Event Recap: Insurance Accounting and Systems Association (IASA) 2016

Posted by Ross Chapman

Aptitude Software recently exhibited at IASA 2016 in San Antonio, Texas. Delegates from many of the leading insurers and solution providers met over the course of three days to share, network and collaborate.  Two key themes emerged as a result:  a...

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Aptitude Software at IASA 2016

Posted by Ross Chapman

Insurance finance professionals need to drive their business forward while maintaining complete financial control, insight and transparency.  At Aptitude Software, we believe using data to drive decision-making doesn’t have to be puzzling.

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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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