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- Help Center
- Lease Accounting
- Understanding ASC 842 and IFRS 16
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Getting Started
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Lease Administration
- Equipment Leases
- Change History Log
- Clauses
- Document Storage
- Financials
- Creating & Editing a Lease
- Critical Dates
- Lease Column Configurations
- Custom Fields
- Contacts
- Filtering
- Assets
- Lease Data Exports
- Occupier Analytics Dashboard
- Customizing Data Categories
- Lease Admin Overview
- Column Configuration & Filtering
- Tasks & Commenting
- Lease Payables
- Lease Data Imports
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Lease Accounting
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Transaction Management
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Broker Deals CRM
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Monthly Release Notes
What is IFRS 16?
IASB’s IFRS 16 standards went into effect on January 1, 2019 as the new international accounting standards. Lessees are required to recognize an asset and liability at the inception of a lease, as the ‘right-of-use’ model replaces the ‘risks and rewards’ model.