From 1 January 2019, IFRS 16 decrees that lessees must record the financial impact of all finance and operating leases on their balance sheet.
Calculations will quickly get complex, taking into account the character of the lease and the considerable amount of data that will be needed to support the calculations.
A comprehensive IFRS 16 application will deliver the important accounting tasks efficiently and accurately, with the insight to make optimal decisions on future financing arrangements.
Until now, it has been difficult - and needed IT support - to bring data from your TM1 cubes into third party BI and visualisation tools such as Power BI, Tableau and Qlik.
But with TM1Connect, all that has changed.
Full house at our Customer Day on 22 November, at the IBM Client Centre. Thank you to all who joined us and for making it such a success.
Andy Nelmes, IBM Digital Program Director - Planning Analytics, got us under way with some fascinating insights into where Planning Analytics is heading, followed by our Services Director, Raj Kerai, presenting the latest product enhancements.
We then discussed migration to Planning Analytics and exploiting Workspace, cloud considerations, and how to meet the new IFRS 16 Lease Accounting standard.
In the afternoon, delegates enjoyed a hands-on test drive of Planning Analytics Workspace.
Available as a cloud service or on-premises, IBM Planning Analytics can transform your planning cycle, from target setting and budgeting to reporting, scorecarding, analysis and forecasting.
With packaged applications based on IBM Planning Analytics and Tagetik, we can help you to understand and meet the new IFRS 16 Lease Accounting regulations.
Cognos Controller is a comprehensive and flexible financial consolidation and reporting solution to deliver a suite of financial results for statutory and management reporting
If you are involved in financial reporting, then you almost certainly know that IFRS 16, the new standard for Lease Accounting, comes into effect from 1 January 2019...
Many of our customers ask us the classic question ‘’which is better – a cloud or on premises deployment?’’. They should be asking ‘’which is better for us?’’...
Planning Analytics has been available for over a year, first on the cloud as "Software as a Service" (SaaS) and, since December 2016, "On Premises"...
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