News, views and industry trends
The wider business-benefits of meeting lease obligations
As a new financial year begins, I have no doubt that many businesses have set goals to improve their operations and performance in 2021/22. Something about each new financial year ignites our best intentions and a renewed sense of determination to do…
Three ways to master the complexities of data in real estate financial reporting
This blog was written by insightsoftware, a global provider of enterprise software solutions for the Office of the CFO to connect to and make sense of their data in real time so they can proactively drive greater financial intelligence across their o…
Minimising the complexity of IFRS16 compliance with support from a new compliance module for IFRS 16
Way back in 2006, when the IASB announced the concept of a new project into lease accounting, the potential of significant implications for our customers began to emerge. Since IFRS 16 was officially issued in January 2016, MRI ProLease Express has c…
How to ensure your business is ready for IFRS16
How to ensure your business is ready for IFRS 16 In January 2016, it was announced that a new accounting standard, IFRS16, would come into practice for all lease holders, from January 2019. With this date fast approaching, it’s important to know wha…
What is a visitor management system?
Traditionally visitor management was managed manually via a check-in book or ledger at reception or the entry point. A visitor management system replaces the book and pen to digitize the management of visitors, employees, and contractors within an or…
The franchise review – MRI ProLease Express editorial on systemising franchise growth
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…
Is your EOFY a breeze — or a nightmare?
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…
Finding the right lease accounting solution for the transition
Welcome back to our series of IFRS 16 ‘101’ blogs, aimed at guiding you through the preparation required to successfully transition to a IFRS 16 lease accounting solution in time for 1st April 2022. Now that you have collated all your lease data …