[Webinar] New IFRS 16/ASC 842 Functionality in Horizon

Organisations around the world have spent the last 12 months adapting to the challenges of the pandemic. As retail, restaurants, and other commercial venues shuttered, lease terms and conditions had to be renegotiated, and some rent payments needed to be deferred on a short-term basis or for the duration of the lease.

The impact of these changes across the real estate portfolio not only changes the administration of payments, but given the new lease accounting standards, this also has a knock-on effect requiring recalculation of schedules and journals.

As companies move into BAU for their IFRS16/ASC842 reporting, further analysis for year-end and half-year reporting is required to further reduce the burden of the standard on finance and reporting teams within occupier organisations. Horizon has a number of recent reporting enhancements that provide detailed audit analysis of asset and liability values and movements from period to period.

Join our webinar to learn how the new features can add value to your existing processes.

In this webinar, we’ll showcase:

• The enhancement to ‘regular charge’ frequency changes
• Lessee Audit Report
• Lessee Adjustment Reporting
• Contract Assurance Comparison Report