
IFRS 16 : Comprehensive IFRS 16 Compliance Tool for Finance
IFRS 16: in summary
What are the main features of IFRS 16?
Automated Lease Accounting
Simplifying the complexity of lease management, IFRS 16 offers automated lease accounting that handles data more efficiently:- Automatically updates lease modifications and renewals.
- Calculates lease liabilities and right-of-use assets in compliance with regulations.
- Generates accurate financial statements with minimal manual intervention.
Real-Time Data Integration
The software ensures that you are always working with the most current information through real-time data integration:- Seamlessly integrates with existing ERP and accounting systems.
- Facilitates genuine time data processing to enhance decision-making.
- Enables cross-departmental collaboration with synchronised data across platforms.
Compliance with International Standards
Navigating the intricacies of global compliance is made simpler with adherence to international standards:- Ensures full compliance with IFRS 16 and other financial regulations.
- Comprehensive audit trails enhance transparency and simplify auditing processes.
- Regular updates to stay abreast of changes in regulations and standards.
IFRS 16: its rates
standard
Rate
On demand
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