Although cloud technology has been around for awhile, over the last ten years or so it has grown considerably and is now very much a part of our day to day lives. Chances are, even if you don’t know what cloud computing is, you are
According to the Cloud Industry Forum, 72 per cent of organizations are expected to roll out digital transformation strategies within the next two years.
Whether you bear responsibility for your compliance project or are simply part of the team, your role is fundamentally about balancing time, risk, and money with the requirements prescribed in the new lease accounting standards. In less than four month’s time, the IFRS 16 and
As you may know, we live in the age of the fourth Industrial Revolution–meaning everywhere we turn there’s new technology and innovations. Artificial intelligence, machine learning, and natural language processing (how machines interpret human language) continue to get smarter and offer greater possibilities. Look no
Not as confident in your current lease administration process as you want to be? You’re not alone. Intrigued by cloud-based applications that make credible promises of bringing order out of chaos, but concerned about data security?
Cliché? Maybe. But it happens to be particularly true when it comes to meeting the impending compliance deadlines for the new IFRS 16 and ASC 842 lease accounting standards.
Okay. So, we’ll spare you the cheesy 80’s music references. But for organizations still making the switch to the new IFRS 16 or ASC 842 standards, the sentiment rings true. Time is quickly running out until the January 2019 deadline.
While many companies are scrambling to meet the approaching January 2019 deadline to comply with the new IFRS 16 or ASC 842 lease accounting standards, not all are waiting until the last minute.
It’s been a busy couple of years for accountants preparing to report within the framework of the new IFRS 9, 15, and 16 standards, and their US GAAP equivalent ASC 326, 606, and 842. The last remaining standard to adopt is IFRS 16 (ASC 842)
