News, views and industry trends

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

On Tuesday 11th July, Qube Global Software hosted a breakfast networking seminar and IFRS solutions session at The Shard. The event featured presentations on the importance of collaboration between finance and real estate departments when managing IFRS 16 reporting pre, and post January 2019. Attendees were also given the opportunity to network with industry peers, … Continued

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

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

With new accounting standards on leases coming into effect in 2019, businesses must decide how to manage the transition and ensure their property management technology is up to the job The impact of the IFRS 16 accounting standard due to come into effect in January 2019 will be huge for many publicly-listed companies. For the … Continued

New accounting standards requiring businesses to bring leasing obligations onto their balance sheets will require many companies to get to grips with two different sets of rules – will your property management technology cope? It has been billed as the biggest shake-up in accounting standards for 30 years, but many businesses are not yet ready … Continued

New accounting standards on leases represent a burden for real estate, but functions that leverage their property management technology effectively have an opportunity to become trusted strategic advisers to the business Property will account for a sizeable chunk of the $2.8trn worth of assets that will move on to the balance sheets of publicly-listed companies once … Continued