News, views and industry trends

Climbing the mountain: the importance of systemising franchise growth. Expansion is one of the most challenging and exciting initiatives that a business owner will ever undertake. In many ways, it’s the fundamental premise of franchising. It says: th…

In the commercial property space, end of financial year reporting is one big job. You need to analyse your lease commitments, key dates, leasing options, rent reviews, leasing contributions — and that’s just the tip of the iceberg. In a perfect world…

Managing your organisation’s leasehold portfolio is no small feat. Sometimes it feels like you need to be a master juggler, with dozens of unique tasks to think about all at once. Your organisational skills are always being stretched to the limit. Bu…

In recent years there’s been a lot of noise about the benefits of AP Automation. Mostly we hear about using technology to make it faster, save time and even reduce head count. However, when it comes to property and leasing, there is often real money …

With the increased pressures to provide detailed and accurate leasing data brought on by the introduction of AASB 16/IFRS 16 a few years back, coupled with the lease negotiations and changing agreements brought on by the recent lockdowns, it’s never …

With the start of FY2020, the demands of AASB 16/IFRS 16 are now real. This new financial reporting standard is now impacting many of South Africa’s best companies; however, many organisations remain under-prepared. As a result of being forced to ado…

Accounting standard AASB 16/IFRS 16 is effective for reporting periods commencing on or after 1 January 2019, meaning that for many companies in Australia reporting begins from July this year. Already it has become widely accepted to be one of the mo…

Way back in 2006, the IASB announced the concept of a new project into lease accounting, and the implications for businesses with multiple lease holdings were potentially significant, but focused it seemed, on larger and publicly-listed companies. Si…