Simplify your lease management

Managing a lease portfolio can be complex and time-consuming, but that’s where our outsourced Lease Management Service comes in. Our service is designed to reduce resource costs and improve efficiencies by letting our Lease Advisory team take care of everything, ensuring your leases comply with IFRS 16 Leases (AASB 16) without any hassle.

Whether your lease information is in Excel or another system, we’ll seamlessly transition your data into our system, ensuring a smooth and easy process. Our experts are dedicated to making this as effortless as possible for you.

Comprehensive lease management services

BDO’s Lease Management Service starts with a thorough analysis to support your policy decisions before transitioning your data. We will provide your team with all the IFRS 16 learning materials they need and upload your data to BDO Lead. Our team is here to guide your project team in gathering any outstanding lease accounting data. Plus, we provide monthly accounting journals and audit information tailored to your organisation’s needs. We also assist with sublease accounting and make-good provision discounting, going the extra mile to cover all your lease management needs.

Why choose BDO’s lease management services  

One primary benefit is that your organisation won’t need to buy or install any new software. That means no complicated IT projects, so you can focus resources on other important areas.

Plus, our services save you the time and effort required to learn the intricacies of IFRS 16 and keep your leases updated with the latest technical interpretations and developments to ensure compliance with the most recent applicable IFRS guidance.

We also provide a comprehensive audit trail for you and your auditor, simplifying the audit process and ensuring transparency. Our team is also available to assist with any auditor lease queries, giving you peace of mind so you can focus on your core business activities.

BDO Lead – our IFRS 16 technology solution

Suppose you’d rather continue to manage your lease data but need an efficient technology solution. In that case, we also offer BDO Lead, our cloud-based solution hosted on Microsoft Azure.

Key features of BDO Lead include: 

  • Effortless IFRS 16 calculations on thousands of leases using our intuitive software
  • Recognises the effects and ongoing impacts on journals and disclosure requirements  
  • Imports existing or new lease contract data through a user-friendly interface  
  • Navigates the complexity of the standard and gets the final journal information for all your lease contracts  
  • Retrieval of data input history at any time, unlike spreadsheets  
  • IFRS 16 experts will help onboard your lease data and provide ongoing support whenever needed. 

Let us help you

Are you curious about how we can simplify your ongoing lease management and reporting obligations? Reach out to request a demonstration or to chat with us about how we can make light work of your lease management.