We provide assistance in generating a calculator to determine the impact of leases and IFRS16 on the financial statements. This can range from a simple template to determine each item individually to a detailed calculation for multiple items taking into account:
- Regular payments or ad hoc payments based on the lease dates
- Present valuing of cash flows to calculate asset value
- Detailed calculation showing the lease liability and subsequent write offs of the liability
- Detailed calculations showing the depreciation of the asset value
- Allocation of the asset and liability calculations to appropriate month ends instead of lease dates
For more information email info@AuditExcel.co.za