On January 1, 2019, IFRS 16 Leases comes into effect for public companies. With the new IFRS 16 and ASC 842 lease standards focusing on transparency of lease obligations on the balance sheet, there is a significant amount of lease data that must now be collected, calculated, reported and disclosed.
CCH Tagetik Lease Accounting Solution is automated to allow you to easily manage the large volumes of leasing data by providing data collection, calculations, reporting and disclosures.
What impact will the implementation of IFRS 16 have? What are the options available to mitigate the potential impact? Is the use of a software solution beneficial for the implementation efforts? What are the next steps?
Download our latest eBook and see first-hand how CCH Tagetik helps companies tackle the new standard!