Achieve an effective lease agreement tracking and ensure IFRS 16 compliance by integrating iLeAS to your ERP System. IFRS 16 introduces a single lessee accounting model and requires a lessee to recognise assets and liabilities for all leases.

IFRS 16 requires all major leases included in the balance sheet

Lease Definition

The new on/off-balance sheet test for lessees - a key judgement area

Lease Definition - Exempsions

Two major optional exemptions make the standard easier to apply

Advantages of iLeAS

Functionalities

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