NZ IFRS 16 Lease Accounting Toolkit - 50 Leases

NZ IFRS 16 Lease Accounting Toolkit - 50 Leases

Online

Price: POA + GST

Date: 30/03/2016

Code: 42638865

Checkpoint NZ, NEW ZEALAND

Enquiry form

NZ IFRS 16 Lease Accounting Toolkit - 50 Leases

Browse:

Available Formats

Format Title Date Code Price (excl. GST)
Online NZ IFRS 16 Lease Accounting Toolkit - 50 Leases 30/03/2016 42638865 POA Enquiry

Enquiry form

NZ IFRS 16 Lease Accounting Toolkit - 50 Leases

Online NZ IFRS 16 Lease Accounting Toolkit - 10 Leases 01/03/2019 42638866 POA Enquiry

Enquiry form

NZ IFRS 16 Lease Accounting Toolkit - 10 Leases

Description

Effective from 1 January 2019, NZ IFRS 16 Leases will impact almost all businesses that rent or lease assets. Previously only finance leases were required to be recognised on a balance sheet. NZ IFRS 16 Leases extends this to operating leases, removing the distinction in treatment between the two.

The time and resources required for the implementation of NZ IFRS 16 Leases should not be underestimated.

How the NZ IFRS 16 Leases Toolkit can help

With the introduction of the NZ IFRS 16 Leases standard comes a new level of complexity and cost in commercial and financial reporting.

The new standard will require a lessee to do more than simply change disclosures to reflect lease assets and liabilities. The new standard requires lessees to recognise nearly all leases on the balance sheet. Implementation will be costly as it requires modifications to a lessee’s financial reporting, accounting systems, processes, controls and policies. Failure or delay in complying will be equally expensive and time consuming and may require additional reporting.

Take the complexity, cost and burden out of implementing NZ IFRS 16 with our toolkit, which will assist you with:

Transitioning affected leases to NZ IFRS 16 and calculating the impact on the financial statements, as well as providing the adjusting journal entries; and

Operationalising NZ IFRS 16 by calculating the financial statement impact of these eases over future financial years, and providing the relevant adjusting journal entries.

*

Contact a customer service representative for information, pricing and bundle deals.