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What is a lease agreement

IFRS 16 what is a lease

Written by Ellinor

What is a lease. How should this be defined for IFRS 16 Leasing? IFRS 16, what is a lease? According to the standard, the definition is ‘An agreement, or part of an agreement, which will transfer the right of use for an asset (the underlying asset) for a certain period of time in exchange for […]

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IFRS 16 reporting

Experience in implementing IFRS 16

Written by Torgeir

Our experience with IFRS 16 implementation   This is an extract of the article that was written by our CEO Terje Glesaaen in cooperation with KPMG Partner Serge Fjærvoll in the professional publication “Revisjon og Regnskap” in December 2019   The first part is based on an interview companies with an extensive IFRS 16 implementation process […]

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Excerpt – User Guide IFRS 16

Written by Alex

This article is an excerpt from the user guide for IFRS 16. 6.1 Register start date and end date of lease payment correctly The start date and the end date of lease payment are one of the factors that determine your lease’s cash flow which is one of the main contributions to the lease’s liability. […]

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ShareControl Board solution dares to be compared

Written by Ellinor

Get control of your company’s contracts and business documents with ShareContral Basic. Link board members to a board portal that provides them with relevant information. Implement ShareControl Board. Support your employees who are responsible for contracts and business documentation with ShareControl Contract. Our products gives you control, overview and you will save time. Find in […]

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IFRS 16

Written by Alex

From January 1, 2019, all listed companies are required to comply with IFRS 16, and for this they need a solution. ShareControl has developed a solution, integrated in Office 365, available in the ALSO Cloud Marketplace. IFRS 16 replaced previously applicable IAS 17 and must be applied for fiscal years beginning January 1, 2019. ShareControl […]

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