.png)
The Lease Accounting add-on within CCH Tagetik helps organizations account for lease contracts in accordance with IFRS 16. Instead of manually tracking lease calculations in spreadsheets, you can manage contracts, rights-of-use assets, and lease liabilities centrally within your existing Tagetik environment. This allows you to integrate your lease accounting directly into your financial consolidation and reporting.
Lease Accounting (IFRS 16) is a module within CCH Tagetik that enables organizations to record, recalculate, and process lease contracts in accordance with the IFRS 16 standard.
.png){kind=small}
Central contract registry with automatic recalculations
Automatic Posting of Rights of Use and Lease Obligations
Direct integration with financial consolidation in Tagetik
Technology is the foundation; the right experts deliver the real benefits.
An experienced consultant can make sense of more complex lease contracts and independently assess how obligations should be accounted for in accordance with the standard, rather than relying on default settings.
The specialist determines when a contract modification requires a reassessment under IFRS 16 and adjusts the accounting treatment accordingly.
Drawing on their knowledge of the standard and the key considerations for auditors, the expert establishes a lease accounting system that can withstand critical scrutiny.
