1900 Market Street, 8th Floor Philadelphia, PA 19103

LucaNet app Accounting for Leases

The IFRS 16 accounting standard represents a paradigm shift for companies for the recognition of leasing contracts on the balance sheet. Going forward, most leases are to become an integral part of a company’s balance sheet. The LucaNet app Accounting for Leases helps you to tackle these changes head-on.

The LucaNet solution offers:

  • Easy transfers of operative leasing postings to IFRS 16
  • Use of a standardized system, no add-on solutions required
  • Correct disclosure of leasing contracts for the preparing of consolidated financial statements
  • Easy-to-use and intuitive user guidance
  • Direct connection to your contract database (on request); direct posting in LucaNet contracts