News

IFRS 16

New release IFRS 16 with new functions

November 26, 2020

New and improved features such as a currency feature that can handle monthly, average exchange rates. The new release on Share Controls IFRS 16 has many benefits. Share Control IFRS 16 creates control, overview and efficient handling of all leasing agreements. The software retrieves key data from all contracts and performs calculations in accordance with […]

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IFRS 16 and Corona pandemic – how to record changes in rent payments

June 2, 2020

IFRS 16 and Corona pandemic – how to record changes in rent payments The corona pandemic involves rent concessions such as rent holidays, rent reductions and changes in rental agreements Serge Fjærvoll, partner in KPMG Norway and our CEO Terje Glesaaen in Share Control explains the covid-19 changes in IFRS 16 and demonstrates how the […]

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What is a lease agreement

IFRS 16 what is a lease

January 16, 2020

What is a lease. How should this be defined for IFRS 16 Leasing? IFRS 16, what is a lease? According to the standard, the definition is ‘An agreement, or part of an agreement, which will transfer the right of use for an asset (the underlying asset) for a certain period of time in exchange for […]

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IFRS 16 reporting

Experience in implementing IFRS 16

January 10, 2020

Our experience with IFRS 16 implementation   This is an extract of the article that was written by our CEO Terje Glesaaen in cooperation with KPMG Partner Serge Fjærvoll in the professional publication “Revisjon og Regnskap” in December 2019   The first part is based on an interview companies with an extensive IFRS 16 implementation process […]

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Excerpt – User Guide IFRS 16

December 10, 2019

This article is an excerpt from the user guide for IFRS 16. 6.1 Register start date and end date of lease payment correctly The start date and the end date of lease payment are one of the factors that determine your lease’s cash flow which is one of the main contributions to the lease’s liability. […]

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ShareControl Board solution dares to be compared

October 7, 2019

Get control of your company’s contracts and business documents with ShareContral Basic. Link board members to a board portal that provides them with relevant information. Implement ShareControl Board. Support your employees who are responsible for contracts and business documentation with ShareControl Contract. Our products gives you control, overview and you will save time. Find in […]

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IFRS 16

July 12, 2019

From January 1, 2019, all listed companies are required to comply with IFRS 16, and for this they need a solution. ShareControl has developed a solution, integrated in Office 365, available in the ALSO Cloud Marketplace. IFRS 16 replaced previously applicable IAS 17 and must be applied for fiscal years beginning January 1, 2019. ShareControl […]

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