Following the introduction of IFRS16, decisions made by lease managers will now impact companies’ balance sheets. This places a significant focus on the need for strong lease governance within organisations. Key judgments must be recorded against each contract, not just in assessing whether a lease exists, but in identifying the reasonably certain liability [...]
As January 2019 rapidly approaches the requirement to comply with new lease accounting standards under AASB 16 is set to cause disruption to those organisations who are ill prepared.
This article critically reviews the current but rapidly changing state of the ‘workplace’ – in all its physical, virtual and connected forms. Of particular interest is the make-up of both the psycho-socially healthy and productive environment, given the impact of a constant drive for cost-effective physical and virtual spaces that must simultaneously marry with usability issues and employee attraction for more flexible and healthier working conditions.
There are a growing number of major companies interested in changing their workplace and implementing activity based working (ABW), also called flexible or agile working.
The International Accounting Standards Board (IASB) has issued proposals on how leases are to be accounted for by companies that report under International Financial Reporting Standards.
In February of this year the NSW Government published a draft policy statement on sea level rise acknowledging that increased sea levels will have significant medium to long-term social, economic and environmental impacts. As an integral part of the state’s response to climate change, the Government is committed to supporting coastal communities in adapting to [...]
The Australian Government is working with State and Territory Governments through the National Strategy for Energy Efficiency (NFEE) to develop a new nationally consistent mandatory disclosure scheme for commercial office building energy efficiency (see www.coag.gov.au). The scheme is rapidly moving from conception stage to compulsory requirement. The regulations if accepted could be finalised for implementation in [...]
Indoor Environment Quality (IEQ) is about targeting the wellbeing of building occupants and is a critical element in providing a healthy building and office environment.