60% of the equipment we lease is IT related, but you may be surprised at some of the assets in the other 40%, like wine barrels!
Often we get asked why would you lease, especially if you are large corporate as large corporates can get really cheap debt.
Quadrent's 2nd Annual Curekids golf day took place on the 30th November 2017 at Auckland's North Shore Golf course. We'd like to thank everyone involved and are proud to announce $33k was raised for Curekids.
The new global standard for accounting is here and companies are running out of time to comply with the changes, so we have created a simple timeline to help your business to get ready for the IFRS16 changes.
With an adoption date of 1 January 2019 looming there is increasing pressure for companies to understand and model the impact of IAS 17 vs. IFRS16 sooner rather than later.
Quadrent's 2nd Annual Curekids golf day is fast approaching on the 30th November 2017 at Auckland's North Shore Golf course. After the success of last years event where over $30,000 was raised for Curekids we are looking to raise even more this year. Most of the packages have gone now but there is still a chance to be involved.
The new accounting rules encompass new rules on lease definition. Effectively a lease is now tighly defined and in some cases there is an opportunity/threat for areas that once were not leases to now be a lease and hence on balance sheet. Likewise items that were operating or finance leases could now not be a lease at all.
Criteria are as follows:
Topics: IFRS 16
Quadrent are pleased to announce that the 2nd Annual Quadrent Curekids golf date has been set for the 30th November 2017 at Auckland's North Shore Golf course. After the success of last years event where over $30,000 was raised for Curekids we are looking for corporate sponsors for a great day of ambrose golf with all proceeds going to the Curekids charity. Please find attached collateral about how you can be involved for a great cause.
Last year involved a number of coporate sponsors and a full field of 72 players enjoyed a day in the sun and some "entertaining" golf. Quadrent are looking forward to this years event and to once again supporting Curekids.
4 Ball Ambrose golf tournament
Sponsorship packages from $2,500 including 4 ball, dinner, drinks and prizes
Three new accounting standards coming into force over the next two years are expected to have the greatest impact on financial reporting since the adoption of International Financial Reporting Standards (IFRS) in 2005.