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With the new financial year here, it’s a good time to explore the power of Software as a Service (SaaS) referral partnerships and the amazing difference they can make to your clients and your accountancy practice. But what exactly is a referral program? Chances are you’ve encountered them in one…
Ryan Hendrie | 3rd May 2023 | 3 min read
There’s a moment when many accountancy firms realise it’s time to form a strategic partnership – one that will grow their offering, expand their business and boost revenue. See if this sounds familiar: you’re talking to an excited client. Their company has expanded and taken on a lot of staff…
Ryan Hendrie | 22nd February 2023 | 5 min read
IFRS 16 Leases decides how businesses across the world account for leased assets and their liabilities. It has played an important role since being issued in January 2016 and then first fully implemented for reporting periods three years later. Many companies have leased assets on the books: depending on the…
Ryan Hendrie | 17th January 2023 | 5 min read
The moment many public sector finance teams have been bracing for is finally here. From today (1st April 2022), IFRS 16 officially comes into force – now is the time for public sector bodies to kick-start the compliance process. Published by the International Accounting Standards Board (IASB) in 2019, IFRS…
Ryan Hendrie | 1st April 2022 | 8 min read
Update: Important announcement for local authorities – The CIPFA/LASAAC Local Authority Accounting Code Board announce a further deferral of the implementation of IFRS 16 until the 2024/25 fiscal year. Following a February/March ‘22 emergency consultation for updating the Code of Practice on Local Authority Accounting in the United Kingdom, CIPFA/LASAAC published their preliminary decisions and…
Ryan Hendrie | 25th March 2022 | 4 min read
Many businesses will now be 2 years or more compliant with the new lease accounting standards IFRS 16 and ASC 842 and would have filed multiple year end accounts. But your business will not be alone if you feel that the transition program, resource heavy implementation and subsequent compliance have…
Ryan Hendrie | 14th September 2021 | 3 min read
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