Trace’s IFRS 16 solution now live

The International Financial Reporting Standard – IFRS 16 – comes into effect for all accounting periods that begin after 1^st January 2019.

It’s hard to underestimate the significance of these changes, or the scale of the transition, to enterprise users of property management software.

But if you’re a Trace Solutions customer, don’t worry.

Our market leading IFRS 16 add-on comprehensively handles all aspects of the new standard, including the transition.

Our solution covers both of the two permitted methods.

Please contact your Account Manager if you want to know more about our optional IFRS 16 solution or see a demo.