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Chapter 16. IFRS 16, FSBU 25 and airship hangar rental

When Varvara decided to build airships, she needed a hangar. The lease had a complex base rate, indexation, renewal option, repairs, insurance, the right to place solar panels on the roof and a clause prohibiting feeding the airship with water...

Chapter 16. IFRS 16, FSBU 25 and renting an airship hangar: a fabulous bitmap scene with the capybara Varvara

When Varvara decided to build airships, she needed a hangar. The lease was complex: base rate, indexation, renewal option, repairs, insurance, the right to place solar panels on the roof and a clause prohibiting feeding the airship carrots.

CFO Copilot said:

- This is already accounting for rent. We need rules.

RESTART connected IFRS 16 / FSBU 25 / lease accounting. All schedules, obligations, assets, payments, reports and changes in conditions became manageable.

IndicatorEffect
Manual calculation of rental schedules-80%
Errors in commitments-60%
Reporting speed+50%
Transparency of lease agreements+70%
Disputes with the hangar lessor-45%
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