IFRS 16 is a new accounting standard for leases which goes into effect as of January 2019, and requires lessees to recognise most leases on their balance sheets. This involves much more work in collecting, calculating, reporting, and disclosing data than you might think.
But with the right solutions, you can fulfil all these requirements while maintaining the high quality of your data.
At inlumi, we are dedicated to making your journey towards IFRS 16 an easy one. In addition to knowing everything you need to do to prepare your systems for the reporting standard, we have been entrusted to provide end-to-end services for CCH Tagetik’s Lease Accounting Solution.