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SUBMIT IDEA

Accounting

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Fair Value Accounting

It will help clients who acquire other companies with leases and need to do a fair value calculation on acquisition date.
Edward Roa 12 months ago in Accounting 0 Awaiting Prioritization

Function for recalculation of leases at company acquisition

When acquired by another entity, the parent entity will report existing leases liabilities as recalculated at the point of acquisition. I have to recalculate all pre-acquisition leases with a new discount rate manually using the rental obligations...
Simon Perry 4 months ago in Accounting 1 Awaiting Prioritization

Ability to pull reports all leases using a functional currency

From a group consolidation point of view I require the ability to pull the entire group's IFRS 16 report as well as the Asset disclosure report at each Lessees Functional currency. This is present except that I now have an underlying lease using a...
Richard Burgess 10 months ago in Accounting 0