BAFFLED BY IFRS? BEWILDERED BY US GAAP?
Cushman & Wakefield has launched an interactive and easy-to-use Lease Accounting calculator. It illustrates the impact of the new lease accounting standards IFRS 16 and US GAAP Topic 842.
From 2019, all listed companies globally must adopt these new rules, so it is important that we all become familiar with the changes.
The new lease accounting rules fundamentally change the way leases are recognised on a company’s financial statements. All leases will appear ‘on-Balance Sheet’ as an Asset and Liability.
The Lease Accounting calculator is a user-friendly tool that will enable you to input the key terms of a lease and calculate the financial impacts under the new rules.
The calculator can be used for all future leasing decisions such as acquisitions, renewals, re-gears. You can select either ‘IFRS’ or ‘US GAAP’, making it useful for multinational businesses.
The Lease Accounting calculator is available online on Cushman & Wakefield’s award winning Global Occupier Metrics website.
Have a play and understand the impact of your leasing decisions!
Find out more about IFRS 16 here or contact our dedicated team:
For further information on US GAAP Topic 842, please contact:
Senior Managing Director
Global Occupier Services/Account Management
Ryan R. RawlsFind out more about the Lease Accounting changes
National Financial Consulting Group