Lease Accounting

IFRS 16 has changed the reporting landscape and has long-lasting ramifications for businesses. At BDO, we have experts and a software solution that can help you, no matter how big or small your business is.

What are the challenges with Lease Accounting?

Our experience working with clients on IFRS 16 reporting has shown us that there are several recurring questions centred around critical problems: 

  • Lease Maintenance is ongoing and complex. Watch our webinar highlighting the top 10 challenges in lease accounting.
  • It isn’t easy to keep up to date with the lease standard, IFRS 16 Leases, and its requirements 
  • Accounting for the effects of making reasonable provisions and sub-leases on IFRS 16
  • Lease accounting can be time-consuming without the right tool 

How BDO can help

BDO LEAD

IFRS 16 Technology solution – BDO LEAD SaaS

If you are looking for an easy-to-use IFRS 16 compliant technology solution to manage your lease portfolio, look no further than BDO Lead. BDO Lead gives you control over your lease data and the ability to process changes and prepare reports effectively and efficiently across all your leases.

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Outsourced Leases

Outsourced Lease Management Service

Our seasoned IFRS experts take on the responsibility of addressing our clients’ lease accounting challenges.

We know and understand the intricacies of IFRS 16 and leverage our advanced technology solution, BDO Lead, to execute the required calculations with precision.

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IFRS and Corporate Reporting

Expert IFRS 16 advice

Our IFRS 16 specialists offer expert technical guidance in the following areas:

  • Assisting in  determining the presence of a lease in a contract
  • Handling lease accounting for business combinations 
  • Providing advice on make-good provision accounting
  • Recognising subleases
  • Conducting scenario analysis of lease contracts.

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Resources

Explore resources designed to assist you in navigating the financial reporting obligations associated with lease transactions.

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Meet our team

Aletta Boshoff

Aletta Boshoff

National Leader, IFRS & Corporate Reporting
National Leader, Sustainability
Partner, Advisory
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A photo of Clark Jarrold looking straight ahead with a view of BDO Brisbane in the background

Clark Jarrold

Partner, Audit & Assurance, Financial Reporting & Accounting
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