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AASB 16 Leases in Group Consolidation: A Practical Guide for Australian Multi-Entity Groups
David is the CFO of an Australian retail group structured around a common PropCo/OpCo arrangement. The property holding company (PropCo)…
ASC 842 Leases in Group Consolidation: What US GAAP Multi-Entity Groups Need to Know
When ASC 842 replaced ASC 840, the most headline-grabbing change was straightforward: operating leases, previously kept off balance sheet, now…
IFRS 16 Leases in Group Consolidation: What Multi-Entity Groups Need to Know
When the group finance director sat down to prepare the first IFRS 16 consolidated accounts, she had expected the hardest…
PropCo/OpCo Hotel Leases: The Variable Rent That Doesn’t Appear on the Balance Sheet — and Why Your Consolidation Won’t Balance Without It
Marcus has done everything right. Summit Hotels Group restructured into a PropCo/OpCo arrangement eighteen months ago: Summit PropCo Ltd owns…
PropCo/OpCo Intragroup Leases in a Retail Group: Eliminating the Ghost IFRS 16 Assets That Shouldn’t Appear on Your Consolidated Balance Sheet
When the group financial controller at Arcadia Retail Group first ran the numbers for the consolidated balance sheet, the total…
The Same Building, Counted Twice: Eliminating Ghost Assets From Intragroup Leases in Property Groups
Rachel is the group finance director of Meridian Property Holdings, a group that owns eight commercial properties across separate SPV…