With the new IFRS 16 standard requiring operating leases as well as finance leases to be accounted for on the balance sheet, public sector organisations are now faced with the daunting challenge of undertaking a complete asset reclassification exercise and redefining the management of its lease portfolio to ensure compliance.
Book a demo to see how MRI’s accurate, easy to use and auditable software can simplify the process and provide a smooth transition to IFRS 16.
About MRI Software
MRI Software currently supplies lease and capital accounting software to over 300 public sector organisations and with more than 500 successful lease accounting implementations already undertaken across the public and private sectors, its proven solution offers peace of mind to those organisations making the transition towards full compliance.
