KPMG Leasing Tool | KPMG | NL

KPMG Leasing Tool

KPMG Leasing Tool

Comply with IFRS 16

Comply with IFRS 16

IFRS 16 comes into force on 1 January 2019. Before this deadline, companies will have to collect a lot of additional data about their leases. In addition, they will also have to calculate lease obligations and right of use.

Lease data is currently often stored in a variety of sources – Excel spreadsheets and/or separate databases – and the quality and comprehensiveness of this data sometimes leaves a lot to be desired. The fact that your lease portfolio is constantly being renewed, adjusted and altered makes managing it even more complex.

The KPMG Leasing Tool is a software solution that enables you to oversee your entire lease portfolio and to comply with IFRS 16 requirements. The solution was developed based on KPMG’s accounting expertise. It allows you to efficiently collate your lease data and gives you assurance that your lease obligations and right of use have been correctly calculated.

How will your organisation benefit from KPMG Leasing Tool?

  • Outcomes are SOC 2 certified
  • Enables you to validate the entire portfolio
  • Creates the correct journal entries in line with IFRS 16 & US GAAP
  • Enables you to take better and smarter decisions about lease constructs
  • Implement automated workflows and approvals
  • A cloud-based application

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