IFRS 16 Lease Modifications in SAP CLM: How to Handle Remeasurement Without the Risk
Of all the operational challenges that IFRS 16 introduces, lease modifications are the one that most consistently catches finance teams off guard. The initial recognition of a lease, calculating the right-of-use asset and lease liability at commencement, is complex, but it happens once per contract. Teams adapt to it. They build processes around it. They […]
SAP CLM and RE-FX: The Complete Guide to IFRS 16 Compliance
When IFRS 16 entered into force on 1 January 2019, it did not simply change an accounting rule. It changed the operational architecture of how organisations manage their lease portfolios. What had previously been a disclosure exercise — listing off-balance-sheet commitments in the notes to the financial statements — became a continuous accounting obligation touching […]