News, views and industry trends
Key accounting factors to consider when making lease modifications
In the aftermath of the pandemic, many organizations are re-evaluating the amount of available workspace in their leases, whether for space management or financial reasons. This requires real estate accountants to modify leases properly and stay comp…
A hybrid style of work is here to stay
More so than ever are we working remotely, with employers needing to rethink office space, collaboration, and requirements within the workplace. As the world population slowly becomes vaccinated, questions are arising as to what the future of the wor…
Use MRI OnLocation to meet government and organisational sign-in and contact tracing needs
Most businesses globally are required to display a government-issued QR code which those entering their workplace need to scan. But asking your visitors to sign in to both MRI OnLocation and then a separate process for the government-issued QR code c…
Working from home, and the desire for social interaction
A vast majority of employees surveyed voiced opinions of their desire to regain daily interaction with colleagues, along with wanting to maintain relationships with clients and stakeholders. However, to return safely to the workplace, protective meas…
Preparing for FY20: How to ensure AASB 16/IFRS 16 compliance this EOFY and beyond
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…
4 reasons no-code AI is the future of real estate technology
What if your real estate business could leverage technology powered by artificial intelligence without requiring coding skills on the part of the user? This is the potential that “no-code AI” offers – the ability to let non-technical experts utilize …
Minimising the complexity of AASB 16/IFRS 16 compliance with support from a development of a new compliance module
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…
3 trends to consider when planning the return to the office
Real estate occupiers have been rethinking the traditional workplace even before the COVID-19 pandemic. A year into the “new normal” of working from home, attitudes and market trends have shifted dramatically, and it’s become increasingly clear that …