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Tagetik IFRS 16

Tagetik IFRS 16 Download

IFRS 16 is the new accounting standard for Lease Reporting, effective 1 January 2019.

Under IFRS 16, lessees must record all finance and operating leases on their balance sheet:
     As liabilities, at the present value of the future lease payments
     As assets, reflecting the right to use the asset during the lease term

With CCH Tagetik Lease Accounting you will be able to:
     Calculate current and future costs, right-of-use asset value, net present value of lease liability etc
     Perform what-if scenario modelling to determine the effect different leasing options will have on the balance sheet

This pre-configured solution gets you compliant quickly and cost-effectively. It includes a data repository, a data model that is IFRS 16 compliant, a library of lease data models and workflow to guide you through the process.

Complete your details below to download the datasheet

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