News, views and industry trends

Why Data Integrity is the Key to IFRS 16 Compliance: Identification

IFRS 16 is about achieving greater financial transparency. The only way an organisation can truly accomplish this is by safeguarding the integrity of its lease information. It’s simply not enough to be in a satisfactory position by ‘deadline day’, rather businesses need to be ensuring they are fully compliant at any given time, throughout time. … Continued

Changes in the CRE environment (and the need for technology)

The corporate real estate sector is changing fast, as a result of changes in the way people work, the introduction of new technologies and the ongoing pressure on businesses to save costs wherever possible. According to the Live Work Play 2016 report by CBRE, 78% see workplace quality as important when choosing an employer, and … Continued

Why Real Estate Can’t Leave It to Finance to Ensure Compliance with Accounting Reforms

While finance has a key duty to ensure compliance with accounting standards, reforms to the rules on leasing will bring real estate and its property management technology into the picture. Who should take responsibility for leading the response to the new accounting standards that the International Accounting Standards Board and the Financial Accounting Standards Board … Continued

Why Lease Accounting Changes Will Drive AI Adoption in Real Estate

New lease accounting changes will prompt many more businesses to embrace evolving property management technology The countdown has begun, but is your business ready for new lease accounting changes that will require all publicly-listed companies to account for the value of their leasing obligations on their balance sheets? If not, time is running out – … Continued

Why New Accounting Standards Will Force Real Estate to Get Strategic

New accounting standards will see real estate leases take on an unprecedented significance for company finances, shining a spotlight on the business’s property management technology For real estate professionals negotiating and signing new leases, life is about to get significantly more complicated. From January 2019, the introduction by the International Accounting Standards Board of IFRS … Continued