The new leases standard – IFRS 16 – will require companies to bring most leases on-balance sheet from 2019. Under the new standard, companies will recognise new assets and liabilities, bringing added transparency to the balance sheet. At present, many analysts adjust financial statements to reflect lease transactions that companies hold off-balance sheet. For the...Read More

Philip Hammond presented his budget on 29 October 2018 against a backdrop of relatively slow economic growth but with something of a windfall in terms of unexpectedly high tax receipts during the past twelve months. A significant spending commitment had already been pledged to the NHS and Theresa May had promised an end to ‘austerity.’...Read More

Our world is now dominated by talk of a new industrial revolution, one that takes digitalisation and artificial intelligence to new and unprecedented levels. However, for all the talk about driverless cars and cryptocurrencies, there are many businesses that do not take full advantage of proven technology which has been available for many years. ESIGN...Read More