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IFRS 16

IFRS 16 - Extensive implementation: No time to lose

With IFRS 16, the CFO must have full control over all of the company’s lease agreements. The time is about to run out for companies that are not in progress with the preparations for IFRS 16 – the new accounting standard for lease agreements. In most cases, the implementation creates significant business-related, practical and theoretical challenges for the CFO and their colleagues.

Full overview of all agreements in five companies

With its flexible and attractive walls, Modulvegger AS is bringing order to offices all over Norway. Find out how the company brought order to its own “agreement jungle”.


Budget for growth!

Do you have the liquidity to finance the new appointments you are planning for August 2019? The best starting point for answering that question is a reliable budget – and full control of the income and expenses that are already “bankers”.


Financial leasing agreements: How do deal with them in the accounts

Is yours a large company that uses leasing to finance important equipment? And do you have the full risk for and full control over the leased asset? If so, you should read this.


Thus, Sparebanken Vest finds order in chaos

With approx. 500 registered agreements, Complete Care enabled Sparebanken Vest to clear all its internal clutter.


Six ways to make more effective projections

Projections are useful for more than the budget process. Companies with credible projections are preferred by investors and required by banks. Here are six steps for achieving higher precision in your estimates.


Doubled sales in 2018 and staffing levels up by 50 per cent in 2019.

House of Control has tripled the worth of its customer portfolio in the last three years. Sales have doubled from 2017 to 2018.This growth is to continue in 2019 when the company will go from 60 to 90 employees.


“There are a lot of ‘IFRS smiles’ out there,” says HoC’s IFRS Officer

In accounting departments throughout the Nordic region, the mood is positive when they see how using good tools makes working with IFRS 16 accurate, quick and easy. Our colleague Kathrine Resch-Knudsen has visited many of them, and can testify to rapidly falling stress levels.


How Elkjøp manages 400 leases

Elkjøp Nordic leases premises for 400 stores throughout the Nordic region, at a cost of NOK 1 billion per year. This is how the group behind Elgiganten and Elkjøp manages its leases.


Eight key IFRS 16 questions you need to answer

Have you resolved the theoretical, practical and commercial challenges involved in IFRS 16, the new accounting standard for leases? The standard enters into force on 1 January 2019, and you cannot postpone your obligations to comply with the regulations.


House of Control: Solid growth that benefits our customers

House of Control is experiencing excellent growth in the first part of 2018. That is good news for our customers: now, House of Control is investing even more in innovation, quality and good user experiences.

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