Contract for Lease Management Advice and Accounting Software for IFRS16

Gateshead Council is looking to procure a lease management advice service and an accounting software which is compliant with the new IFRS16 accounting standard. The new standard requires the Council to account for leases under a single accounting model, bringing almost all leases 'on balance sheet' and recognising a right of use asset and a lease liability. Advice and guidance would be required to manage the conversion of existing leases, as well as recording any new leases on an ongoing basis; additional to this a...