With 2021 coming to a close, it's time to take a step back before you prepare to take on 2022! A lot has happened this year. The COVID-19 pandemic has continued shaping the way we work. Additionally, many organisations are just starting to realise the commercial implications of the IFRS 16 standard.
After the holiday season finishes, a whole new year will begin, filled with new opportunities and challenges. With that said, it's essential not to forget the lessons learnt from 2021.
In this article we showcase our five most read articles from the year. By reading through these articles hopefully you'll be better prepared for whatever 2022 has to throw at you.
The IFRS 16 standard has affected how organisations and people manage their financial statements. If you're still trying to wrap your head around what IFRS 16 means for your business commercially, this article is a great summary of the key learnings.
While 2021 is coming to a close, many of the lessons from the year will carry over and affect 2022. The COVID-19 pandemic has significantly affected the transportation and logistics industry. Even if you're not a part of the industry, you've likely felt the consequences of more complex supply chains.
As a business who leases, it's essential to ensure your Incremental Borrowing Rate (IBR) is up to date and correct. But, for many people, an IBR can be confusing and comes with many unanswered questions. To help, this article explains what an IBR is, why you need one, and how to get started calculating.
If your business uses Software as a Service (SaaS) products, there may be some things you need to know. Earlier this year, the IFRIC (IFRS Interpretations Committee) announced a big decision covering SaaS implementation costs which could substantially affect your business. This article will guide you through the decision and the ramifications so you can manage your business.
Ensuring that your IFRS 16 accounting compliance is up to date and accurate is essential. Otherwise, you may find nasty surprises later down the road. To help, we hosted a panel discussion webinar with guest speakers from EY and Freightways that focused on what auditors look for in IFRS 16 compliance at year-end.
If you are looking for best practice advice, this on-demand webinar will guide you through everything you need to know.