{"id":7869,"date":"2021-04-20T20:09:39","date_gmt":"2021-04-20T19:09:39","guid":{"rendered":"https:\/\/sharecontrol.io\/products\/ifrs-16-system\/"},"modified":"2026-06-13T14:51:15","modified_gmt":"2026-06-13T13:51:15","slug":"ifrs-16-system","status":"publish","type":"page","link":"https:\/\/sharecontrol.io\/en\/products\/ifrs-16-system\/","title":{"rendered":"IFRS 16 Software"},"content":{"rendered":"<div class=\"gb-container gb-container-6bff6dc5\">\n<div class=\"gb-container gb-container-b56f9048\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-d3ef8476\">\n<div class=\"gb-grid-column gb-grid-column-1441dfeb\"><div class=\"gb-container gb-container-1441dfeb\">\n\n<div class=\"wp-block-buttons has-custom-font-size has-small-font-size is-nowrap is-layout-flex wp-container-core-buttons-is-layout-8f761849 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link has-accent-3-color has-text-color has-background has-link-color has-custom-font-size wp-element-button\" style=\"border-top-left-radius:50px;border-top-right-radius:50px;border-bottom-left-radius:50px;border-bottom-right-radius:50px;background-color:#103d45;font-size:15px\">IFRS 16 Software<\/a><\/div>\n<\/div>\n\n\n\n<h1 id=\"ifrs-16-system-built-on-your-own-microsoft-365\" class=\"gb-headline gb-headline-1f9858a2 gb-headline-text\">IFRS 16 system built on your own Microsoft 365<\/h1>\n\n\n\n<p class=\"gb-headline gb-headline-3560bafb gb-headline-text\">ShareControl IFRS 16 automates lease accounting under IFRS 16 \u2014 right-of-use asset, lease liability, depreciation, interest expense, and notes \u2014 without moving data out of your Microsoft 365 environment.<\/p>\n\n\n\n<div class=\"wp-block-uagb-modal uagb-block-0f8cb7dc uagb-modal-wrapper\" data-escpress=\"disable\" data-overlayclick=\"disable\"><div class=\"uagb-spectra-button-wrapper wp-block-button\"><a class=\"uagb-modal-button-link wp-block-button__link uagb-modal-trigger\" href=\"#\" onclick=\"return false;\" target=\"_self\" rel=\"noopener noreferrer\"><span class=\"uagb-modal-content-wrapper\"><span class=\"uagb-inline-editing\">Book en gjennomgang<\/span><\/span><\/a><\/div><div class=\"uagb-effect-default uagb-modal-popup uagb-block-0f8cb7dc uagb-modal-type-undefined\"><div class=\"uagb-modal-popup-wrap\"><div class=\"uagb-modal-popup-content\">\n<div class=\"uagb-block-1a63a853 uagb-infobox__content-wrap  uagb-infobox-icon-above-title uagb-infobox-image-valign-top \"><div class=\"uagb-ifb-content\"><div class=\"uagb-ifb-title-wrap\"><h3 class=\"uagb-ifb-title\">Book a demo of ShareControl here!<\/h3><\/div><p class=\"uagb-ifb-desc\">We help you find the right integrations for your business. Book a meeting with us and we&#8217;ll go through which third-party integrations are relevant to you. <\/p><\/div><\/div>\n\n\n\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script><script>hbspt.forms.create({\n    portalId: \"25744173\",\n    formId: \"1a5f52b7-e00d-482c-95a8-fe5ede7a9c31\"\n  });\n<\/script>\n<\/div><button class=\"uagb-modal-popup-close\" aria-label=\"Close Modal\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\"><path d=\"M310.6 361.4c12.5 12.5 12.5 32.75 0 45.25C304.4 412.9 296.2 416 288 416s-16.38-3.125-22.62-9.375L160 301.3L54.63 406.6C48.38 412.9 40.19 416 32 416S15.63 412.9 9.375 406.6c-12.5-12.5-12.5-32.75 0-45.25l105.4-105.4L9.375 150.6c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L160 210.8l105.4-105.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-105.4 105.4L310.6 361.4z\"><\/path><\/svg><\/button><\/div><\/div><\/div>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-6b1f7760\"><div class=\"gb-container gb-container-6b1f7760\">\n\n<div class=\"wp-block-uagb-image uagb-block-ece7e6b7 wp-block-uagb-image--layout-default wp-block-uagb-image--effect-zoomin wp-block-uagb-image--align-none\"><figure class=\"wp-block-uagb-image__figure\"><img decoding=\"async\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/05\/Share-Control-IFRS-16-System-on-computer-laptop-1.webp ,https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/05\/Share-Control-IFRS-16-System-on-computer-laptop-1.webp 780w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/05\/Share-Control-IFRS-16-System-on-computer-laptop-1.webp 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/05\/Share-Control-IFRS-16-System-on-computer-laptop-1.webp\" alt=\"Share Control IFRS 16 System on computer laptop\" class=\"uag-image-17046\" width=\"1024\" height=\"700\" title=\"Share Control IFRS 16 System on computer laptop\" loading=\"lazy\" role=\"img\"><\/figure><\/div>\n\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-a3d52ce4\">\n<div class=\"gb-container gb-container-75368abc\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-67399da6\">\n<div class=\"gb-grid-column gb-grid-column-2feef7f9\"><div class=\"gb-container gb-container-2feef7f9\">\n\n<p class=\"gb-headline gb-headline-73c027df\"><span class=\"gb-icon\"><svg fill=\"none\" viewbox=\"0 0 24 24\"><g stroke-width=\"0\" id=\"SVGRepo_bgCarrier\"><\/g><g stroke-linejoin=\"round\" stroke-linecap=\"round\" id=\"SVGRepo_tracerCarrier\"><\/g><g id=\"SVGRepo_iconCarrier\"> <path stroke-linejoin=\"round\" stroke-linecap=\"round\" stroke-width=\"1.5\" stroke=\"#37aab4\" d=\"M15.5 9.5L11 14L9.5 12.5M12 3L4 7C4 12.1932 6.78428 19.5098 12 21C17.2157 19.5098 20 12.1932 20 7L12 3Z\"><\/path> <\/g><\/svg><\/span><span class=\"gb-headline-text\">Local GAAP<\/span><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-85d62666\"><div class=\"gb-container gb-container-85d62666\">\n\n<p class=\"gb-headline gb-headline-7a212951\"><span class=\"gb-icon\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\"><g stroke-width=\"0\" id=\"SVGRepo_bgCarrier\"><\/g><g stroke-linejoin=\"round\" stroke-linecap=\"round\" id=\"SVGRepo_tracerCarrier\"><\/g><g id=\"SVGRepo_iconCarrier\"> <path stroke-linejoin=\"round\" stroke-linecap=\"round\" stroke-width=\"1.5\" stroke=\"#37aab4\" d=\"M15.5 9.5L11 14L9.5 12.5M12 3L4 7C4 12.1932 6.78428 19.5098 12 21C17.2157 19.5098 20 12.1932 20 7L12 3Z\"><\/path> <\/g><\/svg><\/span><span class=\"gb-headline-text\">GDPR &#038; DORA compliance<\/span><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-71218b38\"><div class=\"gb-container gb-container-71218b38\">\n\n<p class=\"gb-headline gb-headline-a3f6acac\"><span class=\"gb-icon\"><svg fill=\"none\" viewbox=\"0 0 24 24\"><g stroke-width=\"0\" id=\"SVGRepo_bgCarrier\"><\/g><g stroke-linejoin=\"round\" stroke-linecap=\"round\" id=\"SVGRepo_tracerCarrier\"><\/g><g id=\"SVGRepo_iconCarrier\"> <path stroke-linejoin=\"round\" stroke-linecap=\"round\" stroke-width=\"1.5\" stroke=\"#37aab4\" d=\"M15.5 9.5L11 14L9.5 12.5M12 3L4 7C4 12.1932 6.78428 19.5098 12 21C17.2157 19.5098 20 12.1932 20 7L12 3Z\"><\/path> <\/g><\/svg><\/span><span class=\"gb-headline-text\">Data in EU\/Norway<\/span><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-172d0e0b\"><div class=\"gb-container gb-container-172d0e0b\">\n\n<p class=\"gb-headline gb-headline-56eeabd5\"><span class=\"gb-icon\"><svg fill=\"none\" viewbox=\"0 0 24 24\"><g stroke-width=\"0\" id=\"SVGRepo_bgCarrier\"><\/g><g stroke-linejoin=\"round\" stroke-linecap=\"round\" id=\"SVGRepo_tracerCarrier\"><\/g><g id=\"SVGRepo_iconCarrier\"> <path stroke-linejoin=\"round\" stroke-linecap=\"round\" stroke-width=\"1.5\" stroke=\"#37aab4\" d=\"M15.5 9.5L11 14L9.5 12.5M12 3L4 7C4 12.1932 6.78428 19.5098 12 21C17.2157 19.5098 20 12.1932 20 7L12 3Z\"><\/path> <\/g><\/svg><\/span><span class=\"gb-headline-text\">AES-256 encryption<\/span><\/p>\n\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-77cef686\">\n<div class=\"gb-container gb-container-fdfb1e98\">\n\n<p class=\"gb-headline gb-headline-88770795 gb-headline-text\"><strong>In Short:<\/strong> ShareControl IFRS 16 is an IFRS 16 solution that lives directly within the company&#8217;s existing Microsoft 365 tenant. The solution is installed as a SharePoint add-on on the customer&#8217;s own Microsoft 365 platform and handles the entire lifecycle of a lease \u2014 from identification and classification, through calculation of the right-of-use asset and lease liability, to audit-ready reporting and notes to the annual accounts. All data remains in the customer&#8217;s own tenant, and the solution fully inherits Microsoft 365&#8217;s security, access, and logging regime. This means no external SaaS storage and no new data processing agreement beyond the one the customer already has with Microsoft.   <\/p>\n\n<\/div>\n<\/div><div class=\"gb-container gb-container-27b1a387\">\n<div class=\"gb-container gb-container-fa94c9cc\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-36bcd841\">\n<div class=\"gb-grid-column gb-grid-column-282188a2\"><div class=\"gb-container gb-container-282188a2\">\n\n<p class=\"gb-headline gb-headline-857adeea gb-headline-text\">BENEFITS<\/p>\n\n\n\n<h2 id=\"heres-how-sharecontrol-ifrs-16-delivers-concrete-benefits\" class=\"gb-headline gb-headline-5032ce75 gb-headline-text\">Here&#8217;s how ShareControl IFRS 16 delivers concrete benefits<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-4da2c5cb gb-headline-text\">IFRS 16 places strict demands on consistency, traceability, and remeasurement \u2014 demands that become difficult to meet in spreadsheets as the number of leases grows. Each benefit below addresses a concrete challenge in the finance department&#8217;s IFRS 16 work and how ShareControl IFRS 16 solves it. <\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-51b66e5c\"><div class=\"gb-container gb-container-51b66e5c\"><\/div><\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-16f1f09f\">\n<div class=\"gb-container gb-container-79fe2625\">\n\n<p class=\"gb-headline gb-headline-9f9b0e07 gb-headline-text\">OPERATIONAL BENEFIT<\/p>\n\n\n\n<h3 id=\"full-control-over-what-counts-as-a-lease\" class=\"gb-headline gb-headline-2945f905 gb-headline-text\">Full control over what counts as a lease<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px\"><strong>Challenge:<\/strong> With leases spread across departments, local offices, and supplier portals, identification and classification become a manual review that must be repeated every time new contracts are entered into.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px\"><strong>Solution:<\/strong> A central archive in SharePoint with standardized assessment templates and guided classification (in-scope, short-term, low-value) \u2014 so you avoid scattered documentation, inconsistent assessments across companies, and a lack of overview of what has actually been recognized.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-31a3cced\">\n\n<p class=\"gb-headline gb-headline-139017ec gb-headline-text\">FINANCIAL BENEFIT<\/p>\n\n\n\n<h3 id=\"correct-recognition-from-day-one\" class=\"gb-headline gb-headline-d0cd667f gb-headline-text\">Correct recognition from day one<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-b3e08561 gb-headline-text\">Challenge: For every new lease, the discount rate, lease term, and present value must be set manually, and the initial entries set up in Excel \u2014 with the risk of errors that propagate throughout the entire lease term.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-a788dfcc gb-headline-text\"><strong>Solution:<\/strong> Standardized input fields with a built-in calculation engine for present value, right-of-use asset, and lease liability \u2014 so you avoid inconsistent assumptions, errors in opening entries, and calculation discrepancies that are only discovered later.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-61b2ec3b\">\n\n<p class=\"gb-headline gb-headline-0eb34ce6 gb-headline-text\">FINANCIAL BENEFIT<\/p>\n\n\n\n<h3 id=\"quarterend-close-without-manual-reconciliations\" class=\"gb-headline gb-headline-420f1ae1 gb-headline-text\">Quarter-end close without manual reconciliations<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-5ef19ada gb-headline-text\"><strong>Challenge:<\/strong> With 50+ lease agreements, monthly depreciation, interest and payment allocation becomes a recurring manual exercise that ties up resources in the finance department and must be repeated every period.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-a7b6e2f7 gb-headline-text\"><strong>Solution:<\/strong> Automatic period allocation via ShareControl&#8217;s calculation engine, with ready-made journal entries prepared for the general ledger \u2014 so you avoid manual monthly calculations, duplicated work against the ERP and lengthy quarter-end reconciliations.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-4088f9a3\">\n\n<p class=\"gb-headline gb-headline-4efae715 gb-headline-text\">FINANCIAL BENEFIT<\/p>\n\n\n\n<h3 id=\"changes-handled-correctly-every-time\" class=\"gb-headline gb-headline-f2ea1554 gb-headline-text\">Changes handled correctly every time<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-a362d69e gb-headline-text\"><strong>Challenge:<\/strong> Index adjustments, option exercises, renegotiations and modifications each require different accounting treatment \u2014 in Excel this produces accumulated errors that only surface at the quarterly reconciliation or during audit.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-5e09c8d3 gb-headline-text\"><strong>Solution:<\/strong> Change-driven remeasurement that separates reassessments from modifications and generates correct journal entries automatically \u2014 so you avoid misclassification, retrospective corrections and inconsistent treatment across lease agreements.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-fca33a21\">\n\n<p class=\"gb-headline gb-headline-d8f3dde0 gb-headline-text\">GROUP BENEFIT<\/p>\n\n\n\n<h3 id=\"consolidated-accounts-without-manual-mapping\" class=\"gb-headline gb-headline-4d870784 gb-headline-text\">Consolidated accounts without manual mapping<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-6fe66446 gb-headline-text\"><strong>Challenge:<\/strong> I In groups with multiple currencies and different posting logic per subsidiary, consolidation requires manual translation, mapping and reconciliation every period \u2014 with the risk of discrepancies that only get closed at year-end.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-d3e4a43d gb-headline-text\"><strong>Solution:<\/strong> A shared data model across companies and automatic currency translation via bank API for exchange rates \u2014 so you avoid inconsistent classification across subsidiaries, manual FX handling and discrepancies between company and group.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-9efd6ff9\">\n\n<p class=\"gb-headline gb-headline-ccdf9d97 gb-headline-text\">COMPLIANCE BENEFIT<\/p>\n\n\n\n<h3 id=\"correct-errors-without-reopening-a-locked-accounting-period\" class=\"gb-headline gb-headline-7af8d8b5 gb-headline-text\">Correct errors without reopening a locked accounting period<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-d7444fe9 gb-headline-text\"><strong>Challenge:<\/strong> When a change or correction to a lease agreement relates to a period that is already locked, the accounting department must choose between reopening the locked period or making an imprecise adjustment in the open period \u2014 both options have consequences for audit and control.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-7b2a8bb3 gb-headline-text\"><strong>Solution:<\/strong> The Accounting Date feature in ShareControl IFRS 16 lets you make correct changes from the date they actually occur, calculate the accumulated effect correctly, and post the result in the open period \u2014 so you avoid reopening locked periods, manual corrections and discrepancies between IFRS 16 data and the general ledger.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-86e9e915\">\n\n<p class=\"gb-headline gb-headline-e777696d gb-headline-text\">REPORTING BENEFIT<\/p>\n\n\n\n<h3 id=\"notes-and-maturity-analysis-ready-for-the-annual-accounts\" class=\"gb-headline gb-headline-72e03aa2 gb-headline-text\">Notes and maturity analysis ready for the annual accounts<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-cc9c8d83 gb-headline-text\"><strong>Challenge:<\/strong> At quarter-end and year-end, the maturity analysis, disclosure tables and qualitative note disclosures must be assembled from multiple sources, often under a tight deadline and with high demands for consistency.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-d44a1598 gb-headline-text\"><strong>Solution:<\/strong> Built-in templates for IFRS 16 notes, an automatically generated maturity analysis and disclosure tables drawn directly from the lease data \u2014 so you avoid manual assembly, formatting errors and discrepancies between notes and accounts.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-5a6b710f\">\n\n<p class=\"gb-headline gb-headline-44c1a1c1 gb-headline-text\">AUDIT BENEFIT<\/p>\n\n\n\n<h3 id=\"auditready-documentation-at-all-times\" class=\"gb-headline gb-headline-9fd208d9 gb-headline-text\">Audit-ready documentation at all times<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-856e082e gb-headline-text\"><strong>Challenge:<\/strong> Across multiple periods, change history, judgements and calculation bases must be reconstructable on the auditor&#8217;s request \u2014 often from scattered emails, versioned spreadsheets and personal notes.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-12603417 gb-headline-text\"><strong>Solution:<\/strong> A complete audit trail in SharePoint with a version log on all changes and traceability from note figures back to the source document \u2014 so you avoid reconstructing history under time pressure, conflicting versions and unresolved audit findings.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-ee60b387\">\n<div class=\"gb-container gb-container-be2329de\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-13f9d160\">\n<div class=\"gb-grid-column gb-grid-column-4c7aa1e5\"><div class=\"gb-container gb-container-4c7aa1e5\">\n\n<p class=\"gb-headline gb-headline-c8e6c5d3 gb-headline-text\">CUSTOMERS<\/p>\n\n\n\n<h2 id=\"companies-that-use-sharecontrol-ifrs-16\" class=\"gb-headline gb-headline-b0fa77f9 gb-headline-text\">Companies that use ShareControl IFRS 16<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-57672947 gb-headline-text\">A selection of the customers that have chosen ShareControl IFRS 16 for their IFRS reporting. What the portfolio has in common is that it covers both listed groups and large private enterprises, with lease agreements in multiple currencies and jurisdictions. <\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-5dc12506\"><div class=\"gb-container gb-container-5dc12506\"><\/div><\/div>\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-d404d60f\">\n<div class=\"gb-container gb-container-46ee5789\">\n<div class=\"gb-container gb-container-db9c53fa\">\n\n<figure class=\"gb-block-image gb-block-image-b2485136\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"250\" class=\"gb-image gb-image-b2485136\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Kingspan-Group-Share-Control.webp\" alt=\"Kingspan Group - Share Control\" title=\"Kingspan Group - Share Control\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Kingspan-Group-Share-Control.webp 500w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Kingspan-Group-Share-Control-300x150.webp 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n<\/div>\n\n<div class=\"gb-container gb-container-67f38ff9\">\n\n<figure class=\"gb-block-image gb-block-image-07186226\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"250\" class=\"gb-image gb-image-07186226\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Aker-Solutions-Share-Control-1.webp\" alt=\"Aker Solutions - Share Control\" title=\"Aker Solutions - Share Control\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Aker-Solutions-Share-Control-1.webp 500w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Aker-Solutions-Share-Control-1-300x150.webp 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n<\/div>\n\n<div class=\"gb-container gb-container-8a3f55fe\">\n\n<figure class=\"gb-block-image gb-block-image-87924973\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"250\" class=\"gb-image gb-image-87924973\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Fexco-Share-Control.webp\" alt=\"Fexco - Share Control\" title=\"Fexco - Share Control\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Fexco-Share-Control.webp 500w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Fexco-Share-Control-300x150.webp 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n<\/div>\n\n<div class=\"gb-container gb-container-d151a23d\">\n\n<figure class=\"gb-block-image gb-block-image-6645c7c7\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"250\" class=\"gb-image gb-image-6645c7c7\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/VIACON-Share-Control.webp\" alt=\"VIACON - Share Control\" title=\"VIACON - Share Control\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/VIACON-Share-Control.webp 500w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/VIACON-Share-Control-300x150.webp 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n<\/div>\n\n<div class=\"gb-container gb-container-38acbeb0\">\n\n<figure class=\"gb-block-image gb-block-image-87156fd1\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"250\" class=\"gb-image gb-image-87156fd1\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/Saferoad-logo-Share-Control.png\" alt=\"Saferoad logo - Share Control\" title=\"Saferoad logo - Share Control\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/Saferoad-logo-Share-Control.png 500w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/Saferoad-logo-Share-Control-300x150.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n<\/div>\n\n<div class=\"gb-container gb-container-1351e2b6\">\n\n<figure class=\"gb-block-image gb-block-image-717ddffc\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"250\" class=\"gb-image gb-image-717ddffc\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Norconsult-Share-Control.webp\" alt=\"Norconsult - Share Control\" title=\"Norconsult - Share Control\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Norconsult-Share-Control.webp 500w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/Norconsult-Share-Control-300x150.webp 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n<\/div>\n\n<div class=\"gb-container gb-container-4cec7d46\">\n\n<figure class=\"gb-block-image gb-block-image-a4e56cd2\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"250\" class=\"gb-image gb-image-a4e56cd2\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/NRC-Group-Share-Control.webp\" alt=\"NRC Group - Share Control\" title=\"NRC Group - Share Control\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/NRC-Group-Share-Control.webp 500w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/03\/NRC-Group-Share-Control-300x150.webp 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n<\/div>\n\n<div class=\"gb-container gb-container-878f2011\">\n\n<figure class=\"gb-block-image gb-block-image-d083e7e3\"><img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"250\" class=\"gb-image gb-image-d083e7e3\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/Norlandia-Health-Care-Group-Share-Control.png\" alt=\"Norlandia Health &#038; Care Group - Share Control\" title=\"Norlandia Health &#038; Care Group - Share Control\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/Norlandia-Health-Care-Group-Share-Control.png 500w, https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/Norlandia-Health-Care-Group-Share-Control-300x150.png 300w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/figure>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-e01f207f\">\n<div class=\"gb-container gb-container-f1d426f4\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-3b5ffb1e\">\n<div class=\"gb-grid-column gb-grid-column-aa9ec780\"><div class=\"gb-container gb-container-aa9ec780\">\n\n<p class=\"gb-headline gb-headline-13c71661 gb-headline-text\">THE LEASING PROCESS<\/p>\n\n\n\n<h2 id=\"how-sharecontrol-ifrs-16-supports-the-lease-workflow\" class=\"gb-headline gb-headline-dc93a4ca gb-headline-text\">How ShareControl IFRS 16 supports the lease workflow<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-56666816 gb-headline-text\">The IFRS 16 process follows a recognizable lifecycle for each lease agreement, from identification at contract inception to note disclosures at year-end. ShareControl IFRS 16 is built around this lifecycle in five steps, so that the CFO, group accounting manager, accounting manager, finance team and controller recognize their own work and see exactly where the system takes over manual tasks. <\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-1f5a44ee\"><div class=\"gb-container gb-container-1f5a44ee\"><\/div><\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-6f267eb1\">\n<div class=\"gb-container gb-container-c6ac3ed6\">\n\n<p class=\"gb-headline gb-headline-aa3fb5a4 gb-headline-text\">1<\/p>\n\n\n\n<h3 id=\"registration-and-classification-of-new-lease-agreements\" class=\"gb-headline gb-headline-6f648910 gb-headline-text\">Registration and classification of new lease agreements<\/h3>\n\n<\/div>\n\n<div class=\"gb-container gb-container-e55fcbbc\">\n\n<p class=\"gb-headline gb-headline-37a4f62d gb-headline-text\">2<\/p>\n\n\n\n<h3 id=\"interest-rate-determination-contract-changes-and-revised-judgements\" class=\"gb-headline gb-headline-9c8843f1 gb-headline-text\">Interest rate determination, contract changes and revised judgements<\/h3>\n\n<\/div>\n\n<div class=\"gb-container gb-container-90539668\">\n\n<p class=\"gb-headline gb-headline-75f2d817 gb-headline-text\">3<\/p>\n\n\n\n<h3 id=\"internal-controls-adjustments-and-automatic-calculations\" class=\"gb-headline gb-headline-7f663478 gb-headline-text\">Internal controls, adjustments and automatic calculations<\/h3>\n\n<\/div>\n\n<div class=\"gb-container gb-container-9fd68ddd\">\n\n<p class=\"gb-headline gb-headline-6159841b gb-headline-text\">4<\/p>\n\n\n\n<h3 id=\"consolidation-reconciliation-and-presentation-in-the-accounts\" class=\"gb-headline gb-headline-a011d975 gb-headline-text\">Consolidation, reconciliation and presentation in the accounts<\/h3>\n\n<\/div>\n\n<div class=\"gb-container gb-container-2eb7a25d\">\n\n<p class=\"gb-headline gb-headline-4f38cac3 gb-headline-text\">5<\/p>\n\n\n\n<h3 id=\"analyses-reports-and-note-disclosures\" class=\"gb-headline gb-headline-7f887cb4 gb-headline-text\">Analyses, reports and note disclosures<\/h3>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-40c9b17b\">\n<div class=\"gb-container gb-container-eb953544\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-90b0bca8\">\n<div class=\"gb-grid-column gb-grid-column-b8868374\"><div class=\"gb-container gb-container-b8868374\">\n\n<p class=\"gb-headline gb-headline-3a480391 gb-headline-text\">Step 1<\/p>\n\n\n\n<h2 id=\"registration-and-classification-of-new-lease-agreements\" class=\"gb-headline gb-headline-c225d4a8 gb-headline-text\">Registration and classification of new lease agreements<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-cdb1e13f gb-headline-text\">The first step in the IFRS 16 process is to assess whether a contract contains a lease, and then to classify it according to the standard&#8217;s criteria for an &#8220;identified asset&#8221; and the &#8220;right to control the use.&#8221; The classification determines whether the agreement is recognized on the balance sheet or treated as an exemption \u2014 short-term (under 12 months) or low-value. <\/p>\n\n\n\n<p class=\"gb-headline gb-headline-1e8621bf gb-headline-text\">WHAT SHARECONTROL IFRS 16 HANDLES<\/p>\n\n\n\n<ul style=\"font-size:16px\" class=\"wp-block-list\">\n<li>Identification of leases according to the IFRS 16 criteria<\/li>\n\n\n\n<li>Classification as in-scope, short-term or low-value<\/li>\n\n\n\n<li>Central archive in SharePoint with standardized assessment templates<\/li>\n\n\n\n<li>Import of an existing lease portfolio from Excel and other systems<\/li>\n\n\n\n<li>Regular import based on reports from leasing companies, for example vehicle fleet leasing<\/li>\n\n\n\n<li>Lookup against the Br\u00f8nn\u00f8ysund Register Centre for automatic retrieval of the counterparty&#8217;s company data (organization number, name and address)<\/li>\n\n\n\n<li>Auto-ID \u2014 an automatically generated unique agreement ID for each lease, traceable through the entire lifecycle<\/li>\n\n\n\n<li>Guided form for registering new agreements<\/li>\n\n\n\n<li>Documented basis of judgement on each individual agreement<\/li>\n\n\n\n<li>Searchable and filterable portfolio across companies<\/li>\n<\/ul>\n\n\n\n<p class=\"gb-headline gb-headline-d8ef6a05 gb-headline-text\">THE IMPACT<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-deaacf87\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Time savings:<\/strong> up to 70% reduction in onboarding time compared with manual registration<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-7d7385a7\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Consistency:<\/strong> the same data fields and classification rules across all lease agreements<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-ada85b06\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Traceability:<\/strong> the basis of judgement for in-scope, short-term and low-value is documented on the lease<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-26b59045\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Overview:<\/strong> one central lease portfolio, not spreadsheets scattered across departments<\/span><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-ab576ffc\"><div class=\"gb-container gb-container-ab576ffc\">\n\t\t\t\t\t<div\n\t\t\t\t\t\tclass=\"wp-block-uagb-image-gallery uagb-block-bc923cd4     \"\n\t\t\t\t\t\tstyle=\"\"\n\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery spectra-image-gallery__layout--grid spectra-image-gallery__layout--grid-col-1 spectra-image-gallery__layout--grid-col-tab-3 spectra-image-gallery__layout--grid-col-mob-1\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-wrapper\" data-spectra-gallery-image-id=\"16997\" tabindex=\"0\">\n\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media spectra-image-gallery__media--grid\">\n\t\t\t\t<picture>\n\t\t\t\t\t<source media=\"(min-width: 1024px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/05\/Trinn_1_Identifisering_av_Lease.webp\">\n\t\t\t\t\t<source media=\"(min-width: 768px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/05\/Trinn_1_Identifisering_av_Lease-1024x683.webp\">\n\t\t\t\t\t<img decoding=\"async\" class=\"spectra-image-gallery__media-thumbnail spectra-image-gallery__media-thumbnail--grid\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/05\/Trinn_1_Identifisering_av_Lease.webp\" alt=\"Trinn 1 Registrering og klassifisering av nye leieavtaler\" loading=\"lazy\" \/>\n\t\t\t\t<\/picture>\n\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-blurrer\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption-wrapper spectra-image-gallery__media-thumbnail-caption-wrapper--bar-inside\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption spectra-image-gallery__media-thumbnail-caption--bar-inside\">\n\t\t\t\t\tTrinn 1 Registrering og klassifisering av nye leieavtaler\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class='spectra-image-gallery__control-lightbox' tabindex='0'>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper spectra-image-gallery__control-lightbox--main\" dir=\"\">\n\t\t\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t\t<img class=\"swiper-lazy\" data-src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/05\/Trinn_1_Identifisering_av_Lease.webp\" alt=\"Trinn 1 Registrering og klassifisering av nye leieavtaler\"\/>\n\t\t\t\t\t\t\t\t<div class=\"swiper-lazy-preloader swiper-lazy-preloader-white\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__control-lightbox--caption\" data-spectra-gallery-image-id='16997'>\n\t\t\t\t\t\t\t\t\t\tTrinn 1 Registrering og klassifisering av nye leieavtaler\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"swiper-button-next\"><\/div>\n\t\t\t\t\t<div class=\"swiper-button-prev\"><\/div>\n\t\t\t\t<\/div>\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<button class='spectra-image-gallery__control-lightbox--close' aria-label=\"Close\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M310.6 361.4c12.5 12.5 12.5 32.75 0 45.25C304.4 412.9 296.2 416 288 416s-16.38-3.125-22.62-9.375L160 301.3L54.63 406.6C48.38 412.9 40.19 416 32 416S15.63 412.9 9.375 406.6c-12.5-12.5-12.5-32.75 0-45.25l105.4-105.4L9.375 150.6c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L160 210.8l105.4-105.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-105.4 105.4L310.6 361.4z\"><\/path><\/svg>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/button>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-56472344\">\n<div class=\"gb-container gb-container-6a5247a9\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-9cc9912d\">\n<div class=\"gb-grid-column gb-grid-column-4a74d986\"><div class=\"gb-container gb-container-4a74d986\">\n\n<p class=\"gb-headline gb-headline-f274ec38 gb-headline-text\">Step 2<\/p>\n\n\n\n<h2 id=\"interest-rate-determination-contract-changes-and-revised-judgements\" class=\"gb-headline gb-headline-d0f43416 gb-headline-text\">Interest rate determination, contract changes and revised judgements<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-63077d53 gb-headline-text\">At lease commencement, the lease liability and the right-of-use asset must be measured and recognized. The lease liability is calculated as the present value of future lease payments, discounted using the interest rate implicit in the lease or the lessee&#8217;s incremental borrowing rate. The assumptions must be documented so they are traceable on audit.  <\/p>\n\n\n\n<p class=\"gb-headline gb-headline-634f460b gb-headline-text\">WHAT SHARECONTROL IFRS 16 HANDLES<\/p>\n\n\n\n<ul style=\"font-size:16px\" class=\"wp-block-list\">\n<li>Calculation of the lease liability based on the payment schedule, discount rate and term<\/li>\n\n\n\n<li>Calculation of the right-of-use asset including direct costs and prepayments<\/li>\n\n\n\n<li>Handling of the discount rate \u2014 implicit rate or incremental borrowing rate, per agreement or per portfolio<\/li>\n\n\n\n<li>Fixed and variable lease payments<\/li>\n\n\n\n<li>Opening journal entries generated automatically<\/li>\n\n\n\n<li>Entries delivered as a bookkeeping journal (standard) or directly to the ERP via integration (add-on)<\/li>\n\n\n\n<li>Documented assumptions on each lease agreement<\/li>\n<\/ul>\n\n\n\n<p class=\"gb-headline gb-headline-594848cf gb-headline-text\">THE IMPACT<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-7ef8376e\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Consistent assumptions:<\/strong> discount rate and lease term documented per agreement<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-8c77c0b4\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Correct opening entries:<\/strong> lease liability and right-of-use asset calculated to the IFRS 16 requirements<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-d7aa7d82\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Flexible ERP delivery:<\/strong> bookkeeping journal as standard, direct integration as an add-on<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-78f777cf\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Traceability:<\/strong> all input fields and assumptions documented on the lease<\/span><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-b104a909\"><div class=\"gb-container gb-container-b104a909\">\n\t\t\t\t\t<div\n\t\t\t\t\t\tclass=\"wp-block-uagb-image-gallery uagb-block-041652c7     \"\n\t\t\t\t\t\tstyle=\"\"\n\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery spectra-image-gallery__layout--grid spectra-image-gallery__layout--grid-col-1 spectra-image-gallery__layout--grid-col-tab-3 spectra-image-gallery__layout--grid-col-mob-1\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-wrapper\" data-spectra-gallery-image-id=\"17149\" tabindex=\"0\">\n\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media spectra-image-gallery__media--grid\">\n\t\t\t\t<picture>\n\t\t\t\t\t<source media=\"(min-width: 1024px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-process-trinn-2-Registrering-og-klassifisering-av-nye-leieavtaler-i-ShareControl-IFRS-16-System.webp\">\n\t\t\t\t\t<source media=\"(min-width: 768px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-process-trinn-2-Registrering-og-klassifisering-av-nye-leieavtaler-i-ShareControl-IFRS-16-System-1024x683.webp\">\n\t\t\t\t\t<img decoding=\"async\" class=\"spectra-image-gallery__media-thumbnail spectra-image-gallery__media-thumbnail--grid\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-process-trinn-2-Registrering-og-klassifisering-av-nye-leieavtaler-i-ShareControl-IFRS-16-System.webp\" alt=\"IFRS 16 process trinn 2 - Registrering og klassifisering av nye leieavtaler i ShareControl IFRS 16 System\" loading=\"lazy\" \/>\n\t\t\t\t<\/picture>\n\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-blurrer\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption-wrapper spectra-image-gallery__media-thumbnail-caption-wrapper--bar-inside\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption spectra-image-gallery__media-thumbnail-caption--bar-inside\">\n\t\t\t\t\tIFRS 16 process trinn 2 &#8211; Registrering og klassifisering av nye leieavtaler i ShareControl IFRS 16 System\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class='spectra-image-gallery__control-lightbox' tabindex='0'>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper spectra-image-gallery__control-lightbox--main\" dir=\"\">\n\t\t\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t\t<img class=\"swiper-lazy\" data-src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-process-trinn-2-Registrering-og-klassifisering-av-nye-leieavtaler-i-ShareControl-IFRS-16-System.webp\" alt=\"IFRS 16 process trinn 2 - Registrering og klassifisering av nye leieavtaler i ShareControl IFRS 16 System\"\/>\n\t\t\t\t\t\t\t\t<div class=\"swiper-lazy-preloader swiper-lazy-preloader-white\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__control-lightbox--caption\" data-spectra-gallery-image-id='17149'>\n\t\t\t\t\t\t\t\t\t\tIFRS 16 process trinn 2 &#8211; Registrering og klassifisering av nye leieavtaler i ShareControl IFRS 16 System\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"swiper-button-next\"><\/div>\n\t\t\t\t\t<div class=\"swiper-button-prev\"><\/div>\n\t\t\t\t<\/div>\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<button class='spectra-image-gallery__control-lightbox--close' aria-label=\"Close\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M310.6 361.4c12.5 12.5 12.5 32.75 0 45.25C304.4 412.9 296.2 416 288 416s-16.38-3.125-22.62-9.375L160 301.3L54.63 406.6C48.38 412.9 40.19 416 32 416S15.63 412.9 9.375 406.6c-12.5-12.5-12.5-32.75 0-45.25l105.4-105.4L9.375 150.6c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L160 210.8l105.4-105.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-105.4 105.4L310.6 361.4z\"><\/path><\/svg>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/button>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-1f6846a8\">\n<div class=\"gb-container gb-container-aef7026d\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-a1826d4a\">\n<div class=\"gb-grid-column gb-grid-column-7bd66793\"><div class=\"gb-container gb-container-7bd66793\">\n\n<p class=\"gb-headline gb-headline-aabe3bf9 gb-headline-text\">Step 3<\/p>\n\n\n\n<h2 id=\"internal-controls-adjustments-and-automatic-calculations\" class=\"gb-headline gb-headline-211ee889 gb-headline-text\">Internal controls, adjustments and automatic calculations<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-244676ee gb-headline-text\">After recognition, each lease must be allocated to periods monthly and remeasured when changes occur. IFRS 16 distinguishes between reassessments (changes to the original contract) and modifications (renegotiations \u2014 lease modifications), which have different accounting treatment. For groups with multiple currencies, ongoing currency translation to the reporting currency is required.  <\/p>\n\n\n\n<p class=\"gb-headline gb-headline-28880190 gb-headline-text\">WHAT SHARECONTROL IFRS 16 HANDLES<\/p>\n\n\n\n<ul style=\"font-size:16px\" class=\"wp-block-list\">\n<li>Period allocation of depreciation, interest and payment allocation per month<\/li>\n\n\n\n<li>Amortization of right-of-use assets using the straight-line method<\/li>\n\n\n\n<li>Lease modifications \u2014 renegotiations, extensions, terminations and scope changes<\/li>\n\n\n\n<li>Reassessment \u2014 option exercises, changes in lease term and variable payments<\/li>\n\n\n\n<li>Index adjustment of lease payments and the lease liability<\/li>\n\n\n\n<li>Full currency handling \u2014 the lease liability is remeasured on an ongoing basis at the prevailing exchange rate, while the right-of-use asset is kept at the original rate on the transaction date (IFRS 16 \u00a78.2)<\/li>\n\n\n\n<li>Average exchange rates for income statement items, balance sheet date rate for balance sheet items<\/li>\n\n\n\n<li>Multi-currency translation via bank API against Norges Bank or the group&#8217;s own exchange rates<\/li>\n\n\n\n<li>Daily exchange rates available for shipping, oil &amp; gas, offshore and large industrial, construction and manufacturing leases<\/li>\n\n\n\n<li>Change entries delivered as a bookkeeping journal or directly to the ERP via integration<\/li>\n<\/ul>\n\n\n\n<p class=\"gb-headline gb-headline-768ff2da gb-headline-text\">THE IMPACT<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-7bd9c1f5\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Period allocation:<\/strong> depreciation, interest and payment allocation automatically per month<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-789457dd\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Reassessments:<\/strong> index adjustment and option exercises generate correct remeasurement<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-457a330f\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Modifications:<\/strong> renegotiations treated to the IFRS 16 requirements with a complete change entry<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-b261354c\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Multi-currency:<\/strong> IFRS 16-correct asymmetric treatment of the lease liability and right-of-use asset, with automatic rate updates via the Norges Bank integration or the group&#8217;s own exchange rates<\/span><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-bea3c8e1\"><div class=\"gb-container gb-container-bea3c8e1\">\n\t\t\t\t\t<div\n\t\t\t\t\t\tclass=\"wp-block-uagb-image-gallery uagb-block-aa73cbcb     \"\n\t\t\t\t\t\tstyle=\"\"\n\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery spectra-image-gallery__layout--grid spectra-image-gallery__layout--grid-col-1 spectra-image-gallery__layout--grid-col-tab-3 spectra-image-gallery__layout--grid-col-mob-1\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-wrapper\" data-spectra-gallery-image-id=\"17153\" tabindex=\"0\">\n\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media spectra-image-gallery__media--grid\">\n\t\t\t\t<picture>\n\t\t\t\t\t<source media=\"(min-width: 1024px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-prosess-trinn-3-Interne-kontroller-og-justeringer-i-ShareControl-IFRS-16-System.webp\">\n\t\t\t\t\t<source media=\"(min-width: 768px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-prosess-trinn-3-Interne-kontroller-og-justeringer-i-ShareControl-IFRS-16-System-1024x683.webp\">\n\t\t\t\t\t<img decoding=\"async\" class=\"spectra-image-gallery__media-thumbnail spectra-image-gallery__media-thumbnail--grid\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-prosess-trinn-3-Interne-kontroller-og-justeringer-i-ShareControl-IFRS-16-System.webp\" alt=\"IFRS 16 prosess trinn 3 - Interne kontroller og justeringer i ShareControl IFRS 16 System\" loading=\"lazy\" \/>\n\t\t\t\t<\/picture>\n\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-blurrer\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption-wrapper spectra-image-gallery__media-thumbnail-caption-wrapper--bar-inside\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption spectra-image-gallery__media-thumbnail-caption--bar-inside\">\n\t\t\t\t\tIFRS 16 prosess trinn 3 &#8211; Interne kontroller og justeringer i ShareControl IFRS 16 System\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class='spectra-image-gallery__control-lightbox' tabindex='0'>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper spectra-image-gallery__control-lightbox--main\" dir=\"\">\n\t\t\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t\t<img class=\"swiper-lazy\" data-src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-prosess-trinn-3-Interne-kontroller-og-justeringer-i-ShareControl-IFRS-16-System.webp\" alt=\"IFRS 16 prosess trinn 3 - Interne kontroller og justeringer i ShareControl IFRS 16 System\"\/>\n\t\t\t\t\t\t\t\t<div class=\"swiper-lazy-preloader swiper-lazy-preloader-white\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"swiper-button-next\"><\/div>\n\t\t\t\t\t<div class=\"swiper-button-prev\"><\/div>\n\t\t\t\t<\/div>\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<button class='spectra-image-gallery__control-lightbox--close' aria-label=\"Close\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M310.6 361.4c12.5 12.5 12.5 32.75 0 45.25C304.4 412.9 296.2 416 288 416s-16.38-3.125-22.62-9.375L160 301.3L54.63 406.6C48.38 412.9 40.19 416 32 416S15.63 412.9 9.375 406.6c-12.5-12.5-12.5-32.75 0-45.25l105.4-105.4L9.375 150.6c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L160 210.8l105.4-105.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-105.4 105.4L310.6 361.4z\"><\/path><\/svg>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/button>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-8807eff8\">\n<div class=\"gb-container gb-container-0bd3a228\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-dee64a02\">\n<div class=\"gb-grid-column gb-grid-column-e9835cee\"><div class=\"gb-container gb-container-e9835cee\">\n\n<p class=\"gb-headline gb-headline-f99f80d4 gb-headline-text\">Step 4<\/p>\n\n\n\n<h2 id=\"consolidation-reconciliation-and-presentation-in-the-accounts\" class=\"gb-headline gb-headline-ca99ec0b gb-headline-text\">Consolidation, reconciliation and presentation in the accounts<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-b81f2edd gb-headline-text\">IFRS 16 requires right-of-use assets and lease liabilities to be presented in the correct place in the balance sheet, depreciation and interest expense to be recognized in the income statement, and cash flows to be allocated correctly between operating, investing and financing activities. For groups, the presentation must be consistent across subsidiaries. <\/p>\n\n\n\n<p class=\"gb-headline gb-headline-c9e201d1 gb-headline-text\">WHAT SHARECONTROL IFRS 16 HANDLES<\/p>\n\n\n\n<ul style=\"font-size:16px\" class=\"wp-block-list\">\n<li>Balance sheet recognition of right-of-use assets and lease liabilities<\/li>\n\n\n\n<li>Automatic classification of lease liabilities as current vs. non-current<\/li>\n\n\n\n<li>Income statement recognition of depreciation and interest expense<\/li>\n\n\n\n<li>Cash flow elements allocated to the IFRS 16 requirements<\/li>\n\n\n\n<li>Reconciliation against the general ledger per period<\/li>\n\n\n\n<li>Group presentation on a shared data model and posting logic<\/li>\n\n\n\n<li>Filterable reports per company, category or cost center<\/li>\n<\/ul>\n\n\n\n<p class=\"gb-headline gb-headline-b82c9026 gb-headline-text\">THE IMPACT<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-b5464892\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Reconciled against the general ledger:<\/strong> right-of-use asset and lease liability match the ERP at all times<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-8704d366\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Correct classification:<\/strong> current and non-current lease liabilities allocated automatically<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-f46ff6a2\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Group consistency:<\/strong> shared data model and posting logic across companies<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-970e0124\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Filterable reports:<\/strong> per company, category or cost center<\/span><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-37a2e5e6\"><div class=\"gb-container gb-container-37a2e5e6\">\n\t\t\t\t\t<div\n\t\t\t\t\t\tclass=\"wp-block-uagb-image-gallery uagb-block-7204383c     \"\n\t\t\t\t\t\tstyle=\"\"\n\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery spectra-image-gallery__layout--grid spectra-image-gallery__layout--grid-col-1 spectra-image-gallery__layout--grid-col-tab-3 spectra-image-gallery__layout--grid-col-mob-1\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-wrapper\" data-spectra-gallery-image-id=\"17115\" tabindex=\"0\">\n\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media spectra-image-gallery__media--grid\">\n\t\t\t\t<picture>\n\t\t\t\t\t<source media=\"(min-width: 1024px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-process-trinn-4-Konsolidering-avstemming-og-presentasjon-i-regnskapet.webp\">\n\t\t\t\t\t<source media=\"(min-width: 768px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-process-trinn-4-Konsolidering-avstemming-og-presentasjon-i-regnskapet-1024x492.webp\">\n\t\t\t\t\t<img decoding=\"async\" class=\"spectra-image-gallery__media-thumbnail spectra-image-gallery__media-thumbnail--grid\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-process-trinn-4-Konsolidering-avstemming-og-presentasjon-i-regnskapet.webp\" alt=\"IFRS 16 process trinn 4 - Konsolidering, avstemming og presentasjon i regnskapet\" loading=\"lazy\" \/>\n\t\t\t\t<\/picture>\n\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-blurrer\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption-wrapper spectra-image-gallery__media-thumbnail-caption-wrapper--bar-inside\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption spectra-image-gallery__media-thumbnail-caption--bar-inside\">\n\t\t\t\t\tIFRS 16 process trinn 4 &#8211; Konsolidering, avstemming og presentasjon i regnskapet\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class='spectra-image-gallery__control-lightbox' tabindex='0'>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper spectra-image-gallery__control-lightbox--main\" dir=\"\">\n\t\t\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t\t<img class=\"swiper-lazy\" data-src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-process-trinn-4-Konsolidering-avstemming-og-presentasjon-i-regnskapet.webp\" alt=\"IFRS 16 process trinn 4 - Konsolidering, avstemming og presentasjon i regnskapet\"\/>\n\t\t\t\t\t\t\t\t<div class=\"swiper-lazy-preloader swiper-lazy-preloader-white\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"swiper-button-next\"><\/div>\n\t\t\t\t\t<div class=\"swiper-button-prev\"><\/div>\n\t\t\t\t<\/div>\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<button class='spectra-image-gallery__control-lightbox--close' aria-label=\"Close\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M310.6 361.4c12.5 12.5 12.5 32.75 0 45.25C304.4 412.9 296.2 416 288 416s-16.38-3.125-22.62-9.375L160 301.3L54.63 406.6C48.38 412.9 40.19 416 32 416S15.63 412.9 9.375 406.6c-12.5-12.5-12.5-32.75 0-45.25l105.4-105.4L9.375 150.6c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L160 210.8l105.4-105.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-105.4 105.4L310.6 361.4z\"><\/path><\/svg>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/button>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-6273c0cf\">\n<div class=\"gb-container gb-container-c1bfa989\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-fc0452dd\">\n<div class=\"gb-grid-column gb-grid-column-73c41162\"><div class=\"gb-container gb-container-73c41162\">\n\n<p class=\"gb-headline gb-headline-1297405b gb-headline-text\">Step 5<\/p>\n\n\n\n<h2 id=\"analyses-reports-and-note-disclosures\" class=\"gb-headline gb-headline-a15076d2 gb-headline-text\">Analyses, reports and note disclosures<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-49e13fe8 gb-headline-text\">IFRS 16 sets extensive disclosure requirements: a maturity analysis of lease liabilities, disclosure tables per category of right-of-use asset, qualitative information on accounting policies and judgements, and information on variable lease payments and short-term leases. The Fixed Asset Note and forecasting function are available as add-ons in ShareControl IFRS 16 PRO \u2014 see the separate section below. <\/p>\n\n\n\n<p class=\"gb-headline gb-headline-7ed4e175 gb-headline-text\">WHAT SHARECONTROL IFRS 16 HANDLES<\/p>\n\n\n\n<ul style=\"font-size:16px\" class=\"wp-block-list\">\n<li>Maturity analysis for the entire lease portfolio<\/li>\n\n\n\n<li>Disclosure tables per category of right-of-use asset (property, vehicles, IT equipment, etc.)<\/li>\n\n\n\n<li>Qualitative note disclosures on policies and judgements<\/li>\n\n\n\n<li>Lease liabilities \u2014 current and non-current maturities<\/li>\n\n\n\n<li>Depreciation and interest expense per category<\/li>\n\n\n\n<li>Variable lease payments and short-term leases documented<\/li>\n\n\n\n<li>Export to Excel, Power BI or directly to a consolidation system (Oracle HFM, IBM Cognos Controller)<\/li>\n<\/ul>\n\n\n\n<p class=\"gb-headline gb-headline-6bdab3ea gb-headline-text\">THE IMPACT<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-390ef8b5\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Maturity analysis:<\/strong> automatically generated for the entire portfolio<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-5d284f22\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Disclosure tables:<\/strong> per category of right-of-use asset to IFRS 16<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-dc44ad3d\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Qualitative notes:<\/strong> templates that document policies and judgements<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-55eac74c\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M173.898 439.404l-166.4-166.4c-9.997-9.997-9.997-26.206 0-36.204l36.203-36.204c9.997-9.998 26.207-9.998 36.204 0L192 312.69 432.095 72.596c9.997-9.997 26.207-9.997 36.204 0l36.203 36.204c9.997 9.997 9.997 26.206 0 36.204l-294.4 294.401c-9.998 9.997-26.207 9.997-36.204-.001z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\"><strong>Flexible output:<\/strong> Excel, Power BI or directly to a consolidation system<\/span><\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-12fc5171\"><div class=\"gb-container gb-container-12fc5171\">\n\t\t\t\t\t<div\n\t\t\t\t\t\tclass=\"wp-block-uagb-image-gallery uagb-block-864b90f2     \"\n\t\t\t\t\t\tstyle=\"\"\n\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery spectra-image-gallery__layout--grid spectra-image-gallery__layout--grid-col-1 spectra-image-gallery__layout--grid-col-tab-3 spectra-image-gallery__layout--grid-col-mob-1\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-wrapper\" data-spectra-gallery-image-id=\"17111\" tabindex=\"0\">\n\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media spectra-image-gallery__media--grid\">\n\t\t\t\t<picture>\n\t\t\t\t\t<source media=\"(min-width: 1024px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-trinn-5-Analyser-rapporter-og-noteopplysninger.webp\">\n\t\t\t\t\t<source media=\"(min-width: 768px)\" srcset=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-trinn-5-Analyser-rapporter-og-noteopplysninger.webp\">\n\t\t\t\t\t<img decoding=\"async\" class=\"spectra-image-gallery__media-thumbnail spectra-image-gallery__media-thumbnail--grid\" src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-trinn-5-Analyser-rapporter-og-noteopplysninger.webp\" alt=\"IFRS-16-trinn-5-Analyser, rapporter og noteopplysninger\" loading=\"lazy\" \/>\n\t\t\t\t<\/picture>\n\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-blurrer\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption-wrapper spectra-image-gallery__media-thumbnail-caption-wrapper--bar-inside\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"spectra-image-gallery__media-thumbnail-caption spectra-image-gallery__media-thumbnail-caption--bar-inside\">\n\t\t\t\t\tIFRS-16-trinn-5-Analyser, rapporter og noteopplysninger\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<div class='spectra-image-gallery__control-lightbox' tabindex='0'>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"swiper spectra-image-gallery__control-lightbox--main\" dir=\"\">\n\t\t\t\t\t<div class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<div class=\"swiper-slide\">\n\t\t\t\t\t\t\t\t<img class=\"swiper-lazy\" data-src=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2026\/06\/IFRS-16-trinn-5-Analyser-rapporter-og-noteopplysninger.webp\" alt=\"IFRS-16-trinn-5-Analyser, rapporter og noteopplysninger\"\/>\n\t\t\t\t\t\t\t\t<div class=\"swiper-lazy-preloader swiper-lazy-preloader-white\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<div class=\"swiper-button-next\"><\/div>\n\t\t\t\t\t<div class=\"swiper-button-prev\"><\/div>\n\t\t\t\t<\/div>\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<button class='spectra-image-gallery__control-lightbox--close' aria-label=\"Close\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M310.6 361.4c12.5 12.5 12.5 32.75 0 45.25C304.4 412.9 296.2 416 288 416s-16.38-3.125-22.62-9.375L160 301.3L54.63 406.6C48.38 412.9 40.19 416 32 416S15.63 412.9 9.375 406.6c-12.5-12.5-12.5-32.75 0-45.25l105.4-105.4L9.375 150.6c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L160 210.8l105.4-105.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-105.4 105.4L310.6 361.4z\"><\/path><\/svg>\n\t\t\t\t\t\t\t\t\t\t\t\t<\/button>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-dfc70164\">\n<div class=\"gb-container gb-container-52e75199\">\n\n<h2 id=\"across-the-entire-ifrs-16-process-audit-trail-and-documentation\" class=\"gb-headline gb-headline-ec70bb7c gb-headline-text\">Across the entire IFRS 16 process \u2014 audit trail and documentation<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-b6aa4a8d gb-headline-text\">From the first identification to the note text in the annual accounts, ShareControl IFRS 16 maintains a complete audit trail: a version log on all changes, traceability from note figures back to the source document, and a documented basis for decisions on each individual lease. An auditor who asks how a specific note came to be can follow the trail without reconstructing the work from emails or versioned spreadsheets. <\/p>\n\n<\/div>\n<\/div><div class=\"gb-container gb-container-af34300c\">\n<div class=\"gb-container gb-container-6f701da9\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-883e30c2\">\n<div class=\"gb-grid-column gb-grid-column-8765430a\"><div class=\"gb-container gb-container-8765430a\">\n\n<p class=\"gb-headline gb-headline-ef96af66 gb-headline-text\">PRO ADD-ON<\/p>\n\n\n\n<h2 id=\"extended-functionality-for-complex-reporting-needs\" class=\"gb-headline gb-headline-254113e1 gb-headline-text\">Extended functionality for complex reporting needs<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-78ecedd6 gb-headline-text\">ShareControl IFRS 16 PRO is an add-on that builds on the standard solution and adds functions for finance departments with extended needs for note disclosures and forward-looking analysis of the lease portfolio.<\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-02aa9290\"><div class=\"gb-container gb-container-02aa9290\"><\/div><\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-efb660c0\">\n<div class=\"gb-container gb-container-d1fe70dc\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-fbdd8905\">\n<div class=\"gb-grid-column gb-grid-column-4c5c22b8\"><div class=\"gb-container gb-container-4c5c22b8\">\n\n<p class=\"gb-headline gb-headline-3db2187a gb-headline-text\">PRO<\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-720598f4\"><div class=\"gb-container gb-container-720598f4\"><\/div><\/div>\n<\/div>\n\n\n<h3 id=\"fixed-asset-note\" class=\"gb-headline gb-headline-b726fb1d gb-headline-text\">Fixed Asset Note<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px\">A detailed note overview of the company&#8217;s non-current assets \u2014 including values, changes in the period, and leases linked to each individual asset. Provides a complete picture of the asset base and leases in a single document, ready for the annual accounts. <\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-8049231d\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-41c205fe\">\n<div class=\"gb-grid-column gb-grid-column-f007913c\"><div class=\"gb-container gb-container-f007913c\">\n\n<p class=\"gb-headline gb-headline-6b79f8e8 gb-headline-text\">PRO<\/p>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-1d18cbbf\"><div class=\"gb-container gb-container-1d18cbbf\"><\/div><\/div>\n<\/div>\n\n\n<h3 id=\"forecast-for-lease-costs-and-liabilities\" class=\"gb-headline gb-headline-60edae69 gb-headline-text\">Forecast for lease costs and liabilities<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px\">Estimate future lease costs, lease liabilities and depreciation based on the existing lease portfolio and expected changes. Gives the finance department a solid basis for budgeting, liquidity planning and strategic decisions about lease agreements. <\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-34439ec5\">\n<div class=\"gb-container gb-container-3c0d512f\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-56457f95\">\n<div class=\"gb-grid-column gb-grid-column-a6a6bfef\"><div class=\"gb-container gb-container-a6a6bfef\">\n\n<p class=\"gb-headline gb-headline-cd4106c2 gb-headline-text\">Security<\/p>\n\n\n\n<h2 id=\"data-stays-in-your-own-microsoft-365\" class=\"gb-headline gb-headline-49364878 gb-headline-text\">Data stays in your own Microsoft 365<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-4a47f65b gb-headline-text\">ShareControl IFRS 16 is not an external SaaS service. The solution is installed on the customer&#8217;s own Microsoft 365 platform and inherits the security and access regime the company already has in place. <\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/sharecontrol.io\/en\/products\/security-in-share-control\/\" style=\"border-top-left-radius:10px;border-top-right-radius:10px;border-bottom-left-radius:10px;border-bottom-right-radius:10px\">See the full security page<\/a><\/div>\n<\/div>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-4ca86236\"><div class=\"gb-container gb-container-4ca86236\">\n<div class=\"gb-container gb-container-40a9a5cb\">\n\n<p class=\"gb-headline gb-headline-4afbac0d\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M466.5 83.7l-192-80a48.15 48.15 0 0 0-36.9 0l-192 80C27.7 91.1 16 108.6 16 128c0 198.5 114.5 335.7 221.5 380.3 11.8 4.9 25.1 4.9 36.9 0C360.1 472.6 496 349.3 496 128c0-19.4-11.7-36.9-29.5-44.3zM256.1 446.3l-.1-381 175.9 73.3c-3.3 151.4-82.1 261.1-175.8 307.7z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">Where is our lease data stored?<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-37e9bd91 gb-headline-text\">In your own Microsoft 365 tenant. Not with ShareControl, not with a third party. <\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-fb17d438\">\n\n<p class=\"gb-headline gb-headline-f7330e65\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M466.5 83.7l-192-80a48.15 48.15 0 0 0-36.9 0l-192 80C27.7 91.1 16 108.6 16 128c0 198.5 114.5 335.7 221.5 380.3 11.8 4.9 25.1 4.9 36.9 0C360.1 472.6 496 349.3 496 128c0-19.4-11.7-36.9-29.5-44.3zM256.1 446.3l-.1-381 175.9 73.3c-3.3 151.4-82.1 261.1-175.8 307.7z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">Who is responsible if something happens?<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-dc01a721 gb-headline-text\">The company itself, through its existing Microsoft agreement. No new data processing agreement is required. <\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-eac26e52\">\n\n<p class=\"gb-headline gb-headline-2f2b7ed8\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M466.5 83.7l-192-80a48.15 48.15 0 0 0-36.9 0l-192 80C27.7 91.1 16 108.6 16 128c0 198.5 114.5 335.7 221.5 380.3 11.8 4.9 25.1 4.9 36.9 0C360.1 472.6 496 349.3 496 128c0-19.4-11.7-36.9-29.5-44.3zM256.1 446.3l-.1-381 175.9 73.3c-3.3 151.4-82.1 261.1-175.8 307.7z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">What about GDPR and Schrems II?<\/span><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-73146319 gb-headline-text\">All data processing takes place within the EU\/EEA, within the framework the company already has for Microsoft 365.<\/p>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-c95c9fb1\">\n<div class=\"gb-container gb-container-f5b6ab8c\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-550afad5\">\n<div class=\"gb-grid-column gb-grid-column-00d41039\"><div class=\"gb-container gb-container-00d41039\">\n\n<p class=\"gb-headline gb-headline-4eb63f09 gb-headline-text\">Integrations<\/p>\n\n\n\n<h2 id=\"integrations-with-the-tools-you-already-use\" class=\"gb-headline gb-headline-6d7d206f gb-headline-text\">Integrations with the tools you already use<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-12409b21 gb-headline-text\">ShareControl IFRS 16 lives in Microsoft 365 and connects to the accounting and consolidation systems the finance department already has in place.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/sharecontrol.io\/en\/products\/share-control-integrations\/\" style=\"border-top-left-radius:10px;border-top-right-radius:10px;border-bottom-left-radius:10px;border-bottom-right-radius:10px\">See all integrations<\/a><\/div>\n<\/div>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-02de4410\"><div class=\"gb-container gb-container-02de4410\">\n<div class=\"gb-container gb-container-18d6232f\">\n<div class=\"gb-container gb-container-466ca080\">\n\n<div class=\"wp-block-outermost-icon-block items-justified-center\"><div class=\"icon-container\" style=\"width:50px;transform:rotate(0deg) scaleX(1) scaleY(1)\"><svg width=\"32\" height=\"32\" viewbox=\"0 0 32 32\"><rect width=\"32\" height=\"32\" rx=\"7\" fill=\"#0d5c63\"><\/rect><text x=\"16\" y=\"22\" font-family=\"Arial, sans-serif\" font-weight=\"800\" font-size=\"11\" fill=\"#ffffff\" text-anchor=\"middle\">SC<\/text><\/svg><\/div><\/div>\n\n<\/div>\n\n<div class=\"gb-container gb-container-145abe2b\">\n\n<p class=\"gb-headline gb-headline-4691df2b gb-headline-text\"><strong><strong>Integrated with Microsoft 365 and other Microsoft products<\/strong><\/strong><\/p>\n\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-be59e701\">\n<div class=\"gb-container gb-container-b785c947\">\n\n<div class=\"wp-block-outermost-icon-block items-justified-center\"><div class=\"icon-container\" style=\"width:50px;transform:rotate(0deg) scaleX(1) scaleY(1)\"><svg width=\"32\" height=\"32\" viewbox=\"0 0 32 32\"><rect width=\"32\" height=\"32\" rx=\"7\" fill=\"#2d8653\"><\/rect><text x=\"16\" y=\"22\" font-family=\"Arial, sans-serif\" font-weight=\"800\" font-size=\"11\" fill=\"#ffffff\" text-anchor=\"middle\">SC<\/text><\/svg><\/div><\/div>\n\n<\/div>\n\n<div class=\"gb-container gb-container-c07df9b3\">\n\n<p class=\"gb-headline gb-headline-06a5c262 gb-headline-text\"><strong><strong>Integrations with CRM, ERP and other external systems<\/strong><\/strong><\/p>\n\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-26e36663\">\n<div class=\"gb-container gb-container-286ec715\">\n\n<div class=\"wp-block-outermost-icon-block items-justified-center\"><div class=\"icon-container\" style=\"width:50px;transform:rotate(0deg) scaleX(1) scaleY(1)\"><svg width=\"32\" height=\"32\" viewbox=\"0 0 32 32\"><rect width=\"32\" height=\"32\" rx=\"7\" fill=\"#5b5ea6\"><\/rect><text x=\"16\" y=\"22\" font-family=\"Arial, sans-serif\" font-weight=\"800\" font-size=\"11\" fill=\"#ffffff\" text-anchor=\"middle\">SC<\/text><\/svg><\/div><\/div>\n\n<\/div>\n\n<div class=\"gb-container gb-container-b71f8376\">\n\n<p class=\"gb-headline gb-headline-64d2f321 gb-headline-text\"><strong><strong>Customisation and development of integrations as needed<\/strong><\/strong><\/p>\n\n<\/div>\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-d61eb044\">\n<div class=\"gb-container gb-container-e7334c59\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-18d236ee\">\n<div class=\"gb-grid-column gb-grid-column-3bc37fe6\"><div class=\"gb-container gb-container-3bc37fe6\">\n\n<p class=\"gb-headline gb-headline-18023ea3 gb-headline-text\">COMPARISON<\/p>\n\n\n\n<h2 id=\"sharecontrol-ifrs-16-compared-with-traditional-saas\" class=\"gb-headline gb-headline-01c39efd gb-headline-text\">ShareControl IFRS 16 compared with traditional SaaS<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-74d47ec5 gb-headline-text\">Most IFRS 16 solutions on the market are third-party SaaS platforms. For the finance department, the functionality may be comparable, but there are a number of other differences that affect risk, cost, implementation time and how the solution fits into the existing IT environment. The table summarizes the main differences in areas that are typically important in an evaluation process.  <\/p>\n\n<\/div><\/div>\n<\/div>\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">AREA<\/th><th class=\"has-text-align-left\" data-align=\"left\">SHARECONTROL IFRS 16<\/th><th class=\"has-text-align-left\" data-align=\"left\">TYPICAL SAAS IFRS 16<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">Data storage<\/td><td class=\"has-text-align-left\" data-align=\"left\">The customer&#8217;s own Microsoft 365 tenant<\/td><td class=\"has-text-align-left\" data-align=\"left\">The vendor&#8217;s cloud platform<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Data processing agreement<\/td><td class=\"has-text-align-left\" data-align=\"left\">Covered by the existing M365 agreement<\/td><td class=\"has-text-align-left\" data-align=\"left\">A separate DPA with the vendor is required<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Sign-in<\/td><td class=\"has-text-align-left\" data-align=\"left\">Microsoft 365 user (SSO)<\/td><td class=\"has-text-align-left\" data-align=\"left\">Separate user database, separate login<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Identity and MFA<\/td><td class=\"has-text-align-left\" data-align=\"left\">Entra ID inherited automatically<\/td><td class=\"has-text-align-left\" data-align=\"left\">A separate IdP integration must be configured<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Certifications<\/td><td class=\"has-text-align-left\" data-align=\"left\">Inherits Microsoft 365: ISO 27001, ISO 27018, SOC 1\u20133, NIST<\/td><td class=\"has-text-align-left\" data-align=\"left\">Depends on the vendor<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Data sovereignty<\/td><td class=\"has-text-align-left\" data-align=\"left\">Storage possible in Norway or the EU\/EEA<\/td><td class=\"has-text-align-left\" data-align=\"left\">Depends on the vendor&#8217;s regions<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">User license<\/td><td class=\"has-text-align-left\" data-align=\"left\">No extra user license \u2014 uses existing M365<\/td><td class=\"has-text-align-left\" data-align=\"left\">A separate user license per employee<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Power BI and Excel<\/td><td class=\"has-text-align-left\" data-align=\"left\">Native \u2014 part of the M365 ecosystem<\/td><td class=\"has-text-align-left\" data-align=\"left\">Export or API integration<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">Implementation<\/td><td class=\"has-text-align-left\" data-align=\"left\">Installed on an existing SharePoint site<\/td><td class=\"has-text-align-left\" data-align=\"left\">Separate tenant and data import<\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">ERP integration<\/td><td class=\"has-text-align-left\" data-align=\"left\">SAP, Visma, HFM, Cognos, Agresso\/Unit4, and others<\/td><td class=\"has-text-align-left\" data-align=\"left\">Varies<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The points above do not mean a SaaS solution is the wrong choice for everyone. Companies that have built their IT stack around their own user databases and specialized line-of-business systems may find the SaaS model practical. For companies that already run on Microsoft 365 and want sensitive financial contract data to stay within their own tenant, the ShareControl model offers lower total risk, faster implementation and lower long-term cost.  <\/p>\n\n<\/div>\n<\/div><div class=\"gb-container gb-container-42313a33\">\n<div class=\"gb-container gb-container-8886f0b8\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-87bf520f\">\n<div class=\"gb-grid-column gb-grid-column-bb7be449\"><div class=\"gb-container gb-container-bb7be449\">\n\n<p class=\"gb-headline gb-headline-730b397c gb-headline-text\">ABOUT IFRS 16<\/p>\n\n\n\n<h2 id=\"ifrs-16-in-brief\" class=\"gb-headline gb-headline-26621c0b gb-headline-text\">IFRS 16 in brief<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-428c5e71 gb-headline-text\">IFRS 16 changed how leases are accounted for, and the change reaches further than the balance sheet alone. The key facts in brief \u2014 and a link onward for those who want to dig deeper into the standard. <\/p>\n\n<\/div><\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-463113b4\">\n<div class=\"gb-container gb-container-321592d5\">\n\n<p class=\"gb-headline gb-headline-c3fdab02 gb-headline-text\">EFFECTIVE DATE<\/p>\n\n\n\n<h3 id=\"januar-2019\" class=\"gb-headline gb-headline-6c3c8097 gb-headline-text\">januar 2019<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px\">Replaced IAS 17 and applies to financial years beginning on or after this date.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-07659df7\">\n\n<p class=\"gb-headline gb-headline-92c867e6 gb-headline-text\">BALANCE SHEET RECOGNITION<\/p>\n\n\n\n<h3 id=\"almost-all-agreements\" class=\"gb-headline gb-headline-349a822d gb-headline-text\">Almost all agreements<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-d45756ab gb-headline-text\">The lessee recognizes a right-of-use asset and a lease liability for all agreements except short-term and low-value leases.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-50c5ce45\">\n\n<p class=\"gb-headline gb-headline-91511769 gb-headline-text\">AFFECTS<\/p>\n\n\n\n<h3 id=\"balance-sheet-income-statement-and-key-figures\" class=\"gb-headline gb-headline-c5448d2b gb-headline-text\">Balance sheet, income statement and key figures<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-462d9c78 gb-headline-text\">EBITDA, gearing, cash flow and financial covenants change as a result of the standard.<\/p>\n\n<\/div>\n<\/div>\n\n\n<p class=\"gb-headline gb-headline-68da9993 gb-headline-text\">For a more thorough review of what the standard requires, how it affects the income statement and balance sheet, and which exemptions exist for short-term agreements and low-value assets:<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/sharecontrol.io\/en\/ifrs-16-en\/what-is-ifrs-16\/\" style=\"border-top-left-radius:10px;border-top-right-radius:10px;border-bottom-left-radius:10px;border-bottom-right-radius:10px\">What is IFRS 16?<\/a><\/div>\n<\/div>\n\n<\/div>\n<\/div><div class=\"gb-container gb-container-375bcde0\">\n<div class=\"gb-container gb-container-23552595\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-871e1707\">\n<div class=\"gb-grid-column gb-grid-column-b7db3cfc\"><div class=\"gb-container gb-container-b7db3cfc\">\n\n<p class=\"gb-headline gb-headline-9a0f5053 gb-headline-text\">TARGET AUDIENCE<\/p>\n\n\n\n<h2 id=\"who-sharecontrol-ifrs-16-is-for\" class=\"gb-headline gb-headline-96a87c1e gb-headline-text\">Who ShareControl IFRS 16 is for<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-8927157f gb-headline-text\">The solution is built for companies that report under IFRS, either directly or as part of group reporting. It suits both portfolios of fewer than ten leases and portfolios of several thousand, and is used today by listed companies, subsidiaries in international groups and large private enterprises. What the customers have in common is that they need consistent measurement, traceability and audit-ready documentation \u2014 without expanding their IT architecture with a new external platform.  <\/p>\n\n<\/div><\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-8e242350\">\n<div class=\"gb-container gb-container-b5b0e393\">\n\n<h3 id=\"listed-companies\" class=\"gb-headline gb-headline-f60690a7 gb-headline-text\">Listed companies<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px\">Norwegian and international companies listed on Oslo B\u00f8rs or other regulated markets, with an obligation to report under IFRS. Common challenges are consistency across periods and audit-ready documentation at quarter-end and year-end. <\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-29809655\">\n\n<h3 id=\"subsidiaries-in-groups\" class=\"gb-headline gb-headline-d78ca5a9 gb-headline-text\">Subsidiaries in groups<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-06937daa gb-headline-text\">Companies that deliver reporting packages to an IFRS-reporting parent, and that need consistent measurement across entities. Standardized processes and a shared tool reduce consolidation errors and questions from group accounting. <\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-5990a770\">\n\n<h3 id=\"larger-private-enterprises\" class=\"gb-headline gb-headline-435ec317 gb-headline-text\">Larger private enterprises<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-45104f25 gb-headline-text\">Enterprises with listed debt securities, or that voluntarily report under IFRS for the benefit of lenders, investors or industry requirements. Low implementation costs and seamless integration in M365 make adoption easy to justify. <\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-70c38bf2\">\n\n<h3 id=\"multinational-groups\" class=\"gb-headline gb-headline-6a57d775 gb-headline-text\">Multinational groups<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-a101bbea gb-headline-text\">Groups with leases in multiple currencies and jurisdictions, where exchange rates from Norges Bank and Sveriges Riksbank, along with consolidation support against SAP, HFM, Cognos and Agresso\/Unit4, are critical for correct reporting.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-aab30e8b\">\n<div class=\"gb-container gb-container-acf9518b\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-8c9afb2e\">\n<div class=\"gb-grid-column gb-grid-column-6fef06dc\"><div class=\"gb-container gb-container-6fef06dc\">\n\n<p class=\"gb-headline gb-headline-cdd6df2a gb-headline-text\">WHAT OUR CUSTOMERS SAY<\/p>\n\n\n\n<h2 id=\"customer-experiences-with-sharecontrol-ifrs-16\" class=\"gb-headline gb-headline-ceba644e gb-headline-text\">Customer experiences with ShareControl IFRS 16<\/h2>\n\n<\/div><\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-da16d402\">\n<div class=\"gb-container gb-container-d973c282\">\n\n<div class=\"wp-block-uagb-testimonial uagb-slick-carousel uagb-tm__arrow-outside uagb-block-28adea5a uagb-post__carousel_notset uagb-post__carousel_notset-tablet uagb-post__carousel_notset-mobile\"><div class=\"is-carousel uagb-tm__columns-1 uagb-tm__items\"><div class=\"uagb-testimonial__wrap  uagb-tm__imgicon-style-circle uagb-tm__image-position-bottom uagb-tm__bg-type-none \"><div class=\"uagb-tm__content\"><div class=\"uagb-tm__overlay\"><\/div><div class=\"uagb-tm__text-wrap\"><div class=\"uagb-tm__desc\"><strong>&#8220;Share Control&#8217;s strength is that their IFRS 16 system and professional expertise give us peace of mind&#8221;<\/strong><br\/><br\/><br\/>Our collaboration has resulted in Aker Solutions, together with Share Control, getting a system that works very well \u2014 where Share Control developed a technical solution and contributed professional knowledge. We&#8217;ve had good professional discussions with Share Control. Where Share Control has arrived at a technical solution and contributed specialist knowledge. We have had good professional discussions with Share Control.<br\/><br\/>Share Control differs from other suppliers in that they know IFRS 16. Aker Solutions has again contributed from a user perspective.<br\/><br\/>The solution is simple, intuitive and flexible where you can always see where the data comes from.<\/div><div class=\"uagb-tm__meta-inner\"><div class=\"uagb-testimonial-details\"><span class=\"uagb-tm__author-name\"><strong>Senior Advisor<\/strong><\/span><span class=\"uagb-tm__company\"><strong>Aker Solutions<\/strong><\/span><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n<\/div>\n\n<div class=\"gb-container gb-container-abc00198\">\n\n<div class=\"wp-block-uagb-testimonial uagb-slick-carousel uagb-tm__arrow-outside uagb-block-fd0ed4a1 uagb-post__carousel_notset uagb-post__carousel_notset-tablet uagb-post__carousel_notset-mobile\"><div class=\"is-carousel uagb-tm__columns-1 uagb-tm__items\"><div class=\"uagb-testimonial__wrap  uagb-tm__imgicon-style-circle uagb-tm__image-position-bottom uagb-tm__bg-type-none \"><div class=\"uagb-tm__content\"><div class=\"uagb-tm__overlay\"><\/div><div class=\"uagb-tm__text-wrap\"><div class=\"uagb-tm__desc\"><strong>&#8220;ShareControl IFRS 16 gives us full control over all lease agreements and our obligations.&#8221;<\/strong><br\/><br\/>ShareControl has assisted us in importing agreements into the system solution, which gives us full control over all lease agreements and our obligations. By ensuring efficient and clear management of lease agreements, we can easily administer and comply with the IFRS 16 regulations.  <br\/><br\/>During the <g id=\"gid_0\">implementation of IFRS 16<\/g>, we have received extensive and valuable assistance from Share Control. Through close cooperation and thorough support, we have ensured that all leases have been correctly and efficiently imported into the ShareControl system. <\/div><div class=\"uagb-tm__meta-inner\"><div class=\"uagb-testimonial-details\"><span class=\"uagb-tm__author-name\"><strong>Financial Controller<\/strong><\/span><span class=\"uagb-tm__company\"><strong>Inin Group<\/strong><\/span><\/div><\/div><\/div><\/div><\/div><\/div><\/div>\n\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-328dd911\"><\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-05ecd4fa\">\n<div class=\"gb-container gb-container-d8e9b84c\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-92bb1cce\">\n<div class=\"gb-grid-column gb-grid-column-a285ec75\"><div class=\"gb-container gb-container-a285ec75\">\n\n<p class=\"gb-headline gb-headline-872b052e gb-headline-text\">GETTING STARTED<\/p>\n\n\n\n<h2 id=\"how-to-get-started\" class=\"gb-headline gb-headline-ee69a10b gb-headline-text\">How to get started<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-48237b41 gb-headline-text\">Because ShareControl IFRS 16 is installed on existing Microsoft 365, no new infrastructure, new servers or a separate user database are required. A typical setup is completed within a few weeks, and consists of four steps in which the ShareControl team works together with the company&#8217;s finance and IT functions. Training and documentation are included in the delivery, and customers receive ongoing support from the specialist team after implementation.  <\/p>\n\n<\/div><\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-8d7dbc9f\">\n<div class=\"gb-container gb-container-2352da55\">\n\n<h3 id=\"define\" class=\"gb-headline gb-headline-87a4afc8 gb-headline-text\">Define<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px\">Configure contract types, metadata, reporting requirements and the IFRS 16 process to the company&#8217;s needs.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-49afb047\">\n\n<h3 id=\"data-transfer\" class=\"gb-headline gb-headline-49aec77d gb-headline-text\">Data transfer<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-770d2392 gb-headline-text\">Existing leases are imported into ShareControl. We assist with the transfer and validation of the opening balance. <\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-b2fd0c23\">\n\n<h3 id=\"integration\" class=\"gb-headline gb-headline-dd1b092c gb-headline-text\">Integration<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-5822e3e4 gb-headline-text\">Optional integration with an accounting or consolidation system such as SAP, Visma, HFM, Cognos or Agresso\/Unit4.<\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-476bd4fa\">\n\n<h3 id=\"training-and-support\" class=\"gb-headline gb-headline-f1504814 gb-headline-text\">Training and support<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-0c2db4d0 gb-headline-text\">Training is included in the setup. Customers gain access to a knowledge base and ongoing support from our specialist team. <\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-3ede9129\">\n<div class=\"gb-container gb-container-bda932d2\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-ec643774\">\n<div class=\"gb-grid-column gb-grid-column-b4a307d0\"><div class=\"gb-container gb-container-b4a307d0\"><div class=\"gb-inside-container\">\n\n<h2 id=\"get-a-demo-of-ifrs-16\" class=\"gb-headline gb-headline-4dddd910 gb-headline-text\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-base-3-color\">Get a demo of IFRS 16<\/mark><\/h2>\n\n\n\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background uag-hide-mob\" style=\"background-color:#ffffff00;color:#ffffff00\"\/>\n\n\n\n<p class=\"has-base-3-color has-text-color wp-block-paragraph\">If you need a demonstration of specific IFRS 16 features such as reporting, options for integration with your accounting and reporting tools, we would be happy to show you more.<\/p>\n\n\n<div class=\"gb-grid-wrapper gb-grid-wrapper-dd2eece8\">\n<div class=\"gb-grid-column gb-grid-column-e2283dbc\"><div class=\"gb-container gb-container-e2283dbc\">\n\n<div class=\"wp-block-uagb-modal uagb-block-3b54edc9 uagb-modal-wrapper\" data-escpress=\"disable\" data-overlayclick=\"disable\"><div class=\"uagb-spectra-button-wrapper wp-block-button\"><a class=\"uagb-modal-button-link wp-block-button__link uagb-modal-trigger\" href=\"#\" onclick=\"return false;\" target=\"_self\" rel=\"noopener noreferrer\"><span class=\"uagb-modal-content-wrapper\"><span class=\"uagb-inline-editing\">Book demo her<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 448 512\"><path d=\"M438.6 278.6l-160 160C272.4 444.9 264.2 448 256 448s-16.38-3.125-22.62-9.375c-12.5-12.5-12.5-32.75 0-45.25L338.8 288H32C14.33 288 .0016 273.7 .0016 256S14.33 224 32 224h306.8l-105.4-105.4c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0l160 160C451.1 245.9 451.1 266.1 438.6 278.6z\"><\/path><\/svg><\/span><\/a><\/div><div class=\"uagb-effect-default uagb-modal-popup uagb-block-3b54edc9 uagb-modal-type-undefined\"><div class=\"uagb-modal-popup-wrap\"><div class=\"uagb-modal-popup-content\">\n<div class=\"uagb-block-2a3cb70d uagb-infobox__content-wrap  uagb-infobox-icon-above-title uagb-infobox-image-valign-top \"><div class=\"uagb-ifb-content\"><div class=\"uagb-ifb-title-wrap\"><h3 class=\"uagb-ifb-title\">Book a demo of ShareControl Transparency here!<\/h3><\/div><p class=\"uagb-ifb-desc\">We have extensive experience in accounting according to IFRS 16 and have developed ShareControl <br\/>IFRS 16 together with lawyers and auditors. Book a meeting with our state-authorised auditor, Ragnar Bryne, here!<\/p><\/div><\/div>\n\n\n\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js-eu1.hsforms.net\/forms\/embed\/v2.js\"><\/script><script>hbspt.forms.create({\n    portalId: \"25744173\",\n    formId: \"1a5f52b7-e00d-482c-95a8-fe5ede7a9c31\"\n  });\n<\/script>\n<\/div><button class=\"uagb-modal-popup-close\" aria-label=\"Close Modal\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\"><path d=\"M310.6 361.4c12.5 12.5 12.5 32.75 0 45.25C304.4 412.9 296.2 416 288 416s-16.38-3.125-22.62-9.375L160 301.3L54.63 406.6C48.38 412.9 40.19 416 32 416S15.63 412.9 9.375 406.6c-12.5-12.5-12.5-32.75 0-45.25l105.4-105.4L9.375 150.6c-12.5-12.5-12.5-32.75 0-45.25s32.75-12.5 45.25 0L160 210.8l105.4-105.4c12.5-12.5 32.75-12.5 45.25 0s12.5 32.75 0 45.25l-105.4 105.4L310.6 361.4z\"><\/path><\/svg><\/button><\/div><\/div><\/div>\n\n<\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-a03709c3\"><div class=\"gb-container gb-container-a03709c3\">\n<div class=\"gb-button-wrapper gb-button-wrapper-d8e82a32\">\n\n<a class=\"gb-button gb-button-e076f4de\" href=\"https:\/\/sharecontrol.io\/en\/contact-us\/\"><span class=\"gb-button-text\">Contact Us<\/span><span class=\"gb-icon\"><svg viewbox=\"0 0 16 16\" class=\"bi bi-arrow-right-short\" fill=\"currentColor\" height=\"16\" width=\"16\">   <path d=\"M4 8a.5.5 0 0 1 .5-.5h5.793L8.146 5.354a.5.5 0 1 1 .708-.708l3 3a.5.5 0 0 1 0 .708l-3 3a.5.5 0 0 1-.708-.708L10.293 8.5H4.5A.5.5 0 0 1 4 8z\" fill-rule=\"evenodd\"><\/path> <\/svg><\/span><\/a>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div><\/div>\n\n<div class=\"gb-grid-column gb-grid-column-5a843f43\"><div class=\"gb-container gb-container-5a843f43\"><div class=\"gb-inside-container\">\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"ShareControl IFRS 16 - Lease accounting on Microsoft 365\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/FUw75vq-XmM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n<\/div><\/div><\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-27edc2cf\">\n<div class=\"gb-container gb-container-5312f2cb\">\n<div class=\"gb-grid-wrapper gb-grid-wrapper-83fda622\">\n<div class=\"gb-grid-column gb-grid-column-dc359429\"><div class=\"gb-container gb-container-dc359429\">\n\n<p class=\"gb-headline gb-headline-a12ed135 gb-headline-text\">READ MORE<\/p>\n\n\n\n<h2 id=\"more-about-ifrs-16\" class=\"gb-headline gb-headline-13eaefc0 gb-headline-text\">More about IFRS 16<\/h2>\n\n\n\n<p class=\"gb-headline gb-headline-137e170c gb-headline-text\">In-depth articles on the IFRS 16 standard, calculations, modifications and what distinguishes a good IFRS 16 solution from a poor one.<\/p>\n\n<\/div><\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-652dca58\">\n<div class=\"gb-container gb-container-3ffea941\">\n\n<p class=\"gb-headline gb-headline-84f38d62 gb-headline-text\"><strong>CALCULATIONS<\/strong><\/p>\n\n\n\n<h3 id=\"calculations-according-to-ifrs-16\" class=\"gb-headline gb-headline-0ddfd7ef gb-headline-text\">Calculations according to IFRS 16<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px\">Present value, discount rate, depreciation and remeasurement \u2014 the central calculations IFRS 16 requires, explained in context.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-5910e114 gb-headline-text\"><a href=\"https:\/\/sharecontrol.io\/ifrs-16\/beregninger-etter-ifrs-16\/\"><strong>Read the article \u2192<\/strong><\/a><\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-a141b584\">\n\n<p class=\"gb-headline gb-headline-19a94cbb gb-headline-text\"><strong>DISCOUNT RATE<\/strong><\/p>\n\n\n\n<h3 id=\"ifrs-16-discount-rate-how-to-calculate-it-correctly\" class=\"gb-headline gb-headline-ca476532 gb-headline-text\">IFRS 16: Discount rate \u2014 how to calculate it correctly<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-889e269a gb-headline-text\">Implicit rate or incremental borrowing rate? How to determine the discount rate correctly for each lease. <\/p>\n\n\n\n<p class=\"gb-headline gb-headline-27d4ae8a gb-headline-text\"><a href=\"https:\/\/sharecontrol.io\/uncategorized-no\/diskonteringsrente-etter-ifrs-16\/\"><strong>Read the article \u2192<\/strong><\/a><\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-9fcd7862\">\n\n<p class=\"gb-headline gb-headline-0f00ec2f gb-headline-text\"><strong>MODIFICATIONS<\/strong><\/p>\n\n\n\n<h3 id=\"reassessments-and-modifications-of-leases-under-ifrs-16\" class=\"gb-headline gb-headline-4ffd795f gb-headline-text\">Reassessments and modifications of leases under IFRS 16<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-c32502bf gb-headline-text\">The difference between reassessments and modifications \u2014 and why correct classification determines the accounting treatment.<br><\/p>\n\n\n\n<p class=\"gb-headline gb-headline-d64e62f0 gb-headline-text\"><a href=\"https:\/\/sharecontrol.io\/ifrs-16\/revurderinger-og-modifiseringer-av-leieavtaler-vs-ifrs-16\/\"><strong>Read the article \u2192<\/strong><\/a><\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-fe100c8f\">\n\n<p class=\"gb-headline gb-headline-03424521 gb-headline-text\"><strong>IPO<\/strong><\/p>\n\n\n\n<h3 id=\"implementing-ifrs-16-before-an-ipo\" class=\"gb-headline gb-headline-4d6f14fe gb-headline-text\">Implementing IFRS 16 before an IPO<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-e0d70225 gb-headline-text\">What companies heading toward Oslo B\u00f8rs must have in place to meet the IFRS 16 requirements at listing.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-b7ca6a04 gb-headline-text\"><a href=\"https:\/\/sharecontrol.io\/ifrs-16\/implementering-av-ifrs-16-for-borsnotering\/\"><strong>Read the article \u2192<\/strong><\/a><\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-7979e336\">\n\n<p class=\"gb-headline gb-headline-eada31d2 gb-headline-text\"><strong>STRATEGY<\/strong><\/p>\n\n\n\n<h3 id=\"benefits-of-ifrs-16-centralized-lease-accounting\" class=\"gb-headline gb-headline-7f87ce60 gb-headline-text\">Benefits of IFRS 16 &#038; Centralized Lease Accounting<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-02aef083 gb-headline-text\">Why centralizing lease accounting is more than compliance \u2014 and what it means for control, cost and a strategic basis for decisions.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-fa73523f gb-headline-text\"><a href=\"https:\/\/sharecontrol.io\/ifrs-16\/fordeler-med-ifrs-16-og-sentralisert-leieregnskap\/\"><strong>Read the article \u2192<\/strong><\/a><a href=\"https:\/\/sharecontrol.io\/ifrs-16\/vanskelig-a-velge-ifrs-16-programvare\/\"><\/a><\/p>\n\n<\/div>\n\n<div class=\"gb-container gb-container-250e7790\">\n\n<p class=\"gb-headline gb-headline-ed644c3d gb-headline-text\"><strong>EVALUERING<\/strong><\/p>\n\n\n\n<h3 id=\"finding-it-hard-to-choose-ifrs-16-software\" class=\"gb-headline gb-headline-1f1dc9cb gb-headline-text\">Finding it hard to choose IFRS 16 software?<\/h3>\n\n\n\n<p class=\"gb-headline gb-headline-274d20d4 gb-headline-text\">Which criteria distinguish a good IFRS 16 solution from a poor one \u2014 and what a buyer should consider before making the decision.<\/p>\n\n\n\n<p class=\"gb-headline gb-headline-4a406cc9 gb-headline-text\"><a href=\"https:\/\/sharecontrol.io\/ifrs-16\/vanskelig-a-velge-ifrs-16-programvare\/\"><strong>Read the article \u2192<\/strong><\/a><\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><div class=\"gb-container gb-container-f7eecdb5\"><div class=\"gb-inside-container\">\n\n<p class=\"gb-headline gb-headline-70a1e599 gb-headline-text\">OTHER SOLUTIONS<\/p>\n\n\n\n<h2 id=\"our-products\" class=\"gb-headline gb-headline-4673fc45 gb-headline-text\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-base-3-color\">Our products<\/mark><\/h2>\n\n\n<div class=\"gb-container gb-container-790ce159\">\n<div class=\"gb-container gb-container-00b9f36c\">\n\n<h4 id=\"ifrs-16\" class=\"gb-headline gb-headline-bafeb5f6\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 448 512\"><path fill=\"currentColor\" d=\"M448 360V24c0-13.3-10.7-24-24-24H96C43 0 0 43 0 96v320c0 53 43 96 96 96h328c13.3 0 24-10.7 24-24v-16c0-7.5-3.5-14.3-8.9-18.7-4.2-15.4-4.2-59.3 0-74.7 5.4-4.3 8.9-11.1 8.9-18.6zM128 134c0-3.3 2.7-6 6-6h212c3.3 0 6 2.7 6 6v20c0 3.3-2.7 6-6 6H134c-3.3 0-6-2.7-6-6v-20zm0 64c0-3.3 2.7-6 6-6h212c3.3 0 6 2.7 6 6v20c0 3.3-2.7 6-6 6H134c-3.3 0-6-2.7-6-6v-20zm253.4 250H96c-17.7 0-32-14.3-32-32 0-17.6 14.4-32 32-32h285.4c-1.9 17.1-1.9 46.9 0 64z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">IFRS 16<\/span><\/h4>\n\n\n\n<p class=\"gb-headline gb-headline-0416fe8d gb-headline-text\">Calculation and reporting on all leasing and rental agreements.<\/p>\n\n\n<div class=\"gb-button-wrapper gb-button-wrapper-ebeab218\">\n\n<a class=\"gb-button gb-button-86c5655e\" href=\"https:\/\/sharecontrol.io\/en\/products\/ifrs-16-system\/\"><span class=\"gb-button-text\">Read more<\/span><span class=\"gb-icon\"><svg viewbox=\"0 0 16 16\" class=\"bi bi-arrow-right-short\" fill=\"currentColor\" height=\"16\" width=\"16\">   <path d=\"M4 8a.5.5 0 0 1 .5-.5h5.793L8.146 5.354a.5.5 0 1 1 .708-.708l3 3a.5.5 0 0 1 0 .708l-3 3a.5.5 0 0 1-.708-.708L10.293 8.5H4.5A.5.5 0 0 1 4 8z\" fill-rule=\"evenodd\"><\/path> <\/svg><\/span><\/a>\n\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-5430101c\">\n\n<h4 id=\"contract\" class=\"gb-headline gb-headline-23d07631\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 448 512\"><path fill=\"currentColor\" d=\"M352 240v32c0 6.6-5.4 12-12 12h-88v88c0 6.6-5.4 12-12 12h-32c-6.6 0-12-5.4-12-12v-88h-88c-6.6 0-12-5.4-12-12v-32c0-6.6 5.4-12 12-12h88v-88c0-6.6 5.4-12 12-12h32c6.6 0 12 5.4 12 12v88h88c6.6 0 12 5.4 12 12zm96-160v352c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V80c0-26.5 21.5-48 48-48h352c26.5 0 48 21.5 48 48zm-48 346V86c0-3.3-2.7-6-6-6H54c-3.3 0-6 2.7-6 6v340c0 3.3 2.7 6 6 6h340c3.3 0 6-2.7 6-6z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">Contract<\/span><\/h4>\n\n\n\n<p class=\"gb-headline gb-headline-792fc0cd gb-headline-text\">Contract and agreement management for overview and control.<\/p>\n\n\n<div class=\"gb-button-wrapper gb-button-wrapper-ee05e61d\">\n\n<a class=\"gb-button gb-button-98e62174\" href=\"https:\/\/sharecontrol.io\/en\/products\/sharecontrol-contract-contract-management-system\/\"><span class=\"gb-button-text\">Read more<\/span><span class=\"gb-icon\"><svg viewbox=\"0 0 16 16\" class=\"bi bi-arrow-right-short\" fill=\"currentColor\" height=\"16\" width=\"16\">   <path d=\"M4 8a.5.5 0 0 1 .5-.5h5.793L8.146 5.354a.5.5 0 1 1 .708-.708l3 3a.5.5 0 0 1 0 .708l-3 3a.5.5 0 0 1-.708-.708L10.293 8.5H4.5A.5.5 0 0 1 4 8z\" fill-rule=\"evenodd\"><\/path> <\/svg><\/span><\/a>\n\n<\/div>\n<\/div>\n\n<div class=\"gb-container gb-container-b3f0c7e6\"><div class=\"gb-inside-container\">\n\n<h4 id=\"transparency-act\" class=\"gb-headline gb-headline-c1d9c0e6\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 512 512\"><path fill=\"currentColor\" d=\"M466.5 83.7l-192-80a48.15 48.15 0 0 0-36.9 0l-192 80C27.7 91.1 16 108.6 16 128c0 198.5 114.5 335.7 221.5 380.3 11.8 4.9 25.1 4.9 36.9 0C360.1 472.6 496 349.3 496 128c0-19.4-11.7-36.9-29.5-44.3zM256.1 446.3l-.1-381 175.9 73.3c-3.3 151.4-82.1 261.1-175.8 307.7z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">Transparency Act<\/span><\/h4>\n\n\n\n<p class=\"gb-headline gb-headline-238e08f8 gb-headline-text\">A place to handle all data and processes around the Transparency Act.<\/p>\n\n\n<div class=\"gb-button-wrapper gb-button-wrapper-c744f60c\">\n\n<a class=\"gb-button gb-button-f57c8acf\" href=\"https:\/\/sharecontrol.io\/en\/products\/sharecontrol-transparency-software-for-the-transparency-act\/\"><span class=\"gb-button-text\">Read more<\/span><span class=\"gb-icon\"><svg viewbox=\"0 0 16 16\" class=\"bi bi-arrow-right-short\" fill=\"currentColor\" height=\"16\" width=\"16\">   <path d=\"M4 8a.5.5 0 0 1 .5-.5h5.793L8.146 5.354a.5.5 0 1 1 .708-.708l3 3a.5.5 0 0 1 0 .708l-3 3a.5.5 0 0 1-.708-.708L10.293 8.5H4.5A.5.5 0 0 1 4 8z\" fill-rule=\"evenodd\"><\/path> <\/svg><\/span><\/a>\n\n<\/div>\n<\/div><\/div>\n\n<div class=\"gb-container gb-container-0e0f4ab4\"><div class=\"gb-inside-container\">\n\n<h4 id=\"board-portal\" class=\"gb-headline gb-headline-de7ff87a\"><span class=\"gb-icon\"><svg aria-hidden=\"true\" role=\"img\" height=\"1em\" width=\"1em\" viewbox=\"0 0 448 512\"><path fill=\"currentColor\" d=\"M148 288h-40c-6.6 0-12-5.4-12-12v-40c0-6.6 5.4-12 12-12h40c6.6 0 12 5.4 12 12v40c0 6.6-5.4 12-12 12zm108-12v-40c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v40c0 6.6 5.4 12 12 12h40c6.6 0 12-5.4 12-12zm96 0v-40c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v40c0 6.6 5.4 12 12 12h40c6.6 0 12-5.4 12-12zm-96 96v-40c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v40c0 6.6 5.4 12 12 12h40c6.6 0 12-5.4 12-12zm-96 0v-40c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v40c0 6.6 5.4 12 12 12h40c6.6 0 12-5.4 12-12zm192 0v-40c0-6.6-5.4-12-12-12h-40c-6.6 0-12 5.4-12 12v40c0 6.6 5.4 12 12 12h40c6.6 0 12-5.4 12-12zm96-260v352c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V112c0-26.5 21.5-48 48-48h48V12c0-6.6 5.4-12 12-12h40c6.6 0 12 5.4 12 12v52h128V12c0-6.6 5.4-12 12-12h40c6.6 0 12 5.4 12 12v52h48c26.5 0 48 21.5 48 48zm-48 346V160H48v298c0 3.3 2.7 6 6 6h340c3.3 0 6-2.7 6-6z\"><\/path><\/svg><\/span><span class=\"gb-headline-text\">Board portal<\/span><\/h4>\n\n\n\n<p class=\"gb-headline gb-headline-876b889e gb-headline-text\">Effective board work in a safe and secure manner.<br><\/p>\n\n\n<div class=\"gb-button-wrapper gb-button-wrapper-1dd15b7a\">\n\n<a class=\"gb-button gb-button-607d36ce\" href=\"https:\/\/sharecontrol.io\/en\/products\/board-portal\/\"><span class=\"gb-button-text\">Read more<\/span><span class=\"gb-icon\"><svg viewbox=\"0 0 16 16\" class=\"bi bi-arrow-right-short\" fill=\"currentColor\" height=\"16\" width=\"16\">   <path d=\"M4 8a.5.5 0 0 1 .5-.5h5.793L8.146 5.354a.5.5 0 1 1 .708-.708l3 3a.5.5 0 0 1 0 .708l-3 3a.5.5 0 0 1-.708-.708L10.293 8.5H4.5A.5.5 0 0 1 4 8z\" fill-rule=\"evenodd\"><\/path> <\/svg><\/span><\/a>\n\n<\/div>\n<\/div><\/div>\n<\/div>\n<\/div><\/div><div class=\"gb-container gb-container-c814f759\">\n<div class=\"gb-container gb-container-a10ad32c\">\n\n<p class=\"gb-headline gb-headline-26c1822e gb-headline-text\">Frequently asked questions<\/p>\n\n\n\n<h2 id=\"frequently-asked-questions-about-ifrs-16-systems\" class=\"gb-headline gb-headline-6b7d44d8 gb-headline-text\">Frequently asked questions about IFRS 16 systems<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Answers to the most common questions from finance departments, IT managers and auditors evaluating an IFRS 16 solution.<\/p>\n\n\n<div class=\"wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-c67b7d15 uagb-faq-icon-row uagb-faq-layout-accordion uagb-faq-expand-first-true uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height     \" data-faqtoggle=\"true\" role=\"tablist\"><script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\\\/\\\/sharecontrol.io\\\/en\\\/products\\\/ifrs-16-system\\\/\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is an IFRS 16 system?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"An IFRS 16 system is software that automates the accounting for leases under the international accounting standard IFRS 16. The system calculates the right-of-use asset and the lease liability, keeps track of depreciation, interest expense, index adjustments and modifications, and produces audit-ready reports and notes for the annual accounts.<br\\\/>Unlike a spreadsheet, a dedicated system ensures consistent calculations between periods, traceability for changes, and automatic handling of the standard's remeasurement requirements. \"}},{\"@type\":\"Question\",\"name\":\"What is an IFRS 16 solution?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"An IFRS 16 solution is software that automates the accounting for leases under IFRS 16 \\u2014 from identification and classification to calculation of the lease liability and right-of-use asset, period allocation, presentation and note disclosures. ShareControl IFRS 16 is an IFRS 16 solution that is installed directly in the company's existing Microsoft 365 environment, and that inherits the security and access regime the company already has in place. This sets it apart from traditional SaaS-based IFRS 16 solutions where the data is stored with an external vendor. \"}},{\"@type\":\"Question\",\"name\":\"Who does IFRS 16 apply to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"IFRS 16 applies to companies that report under the International Financial Reporting Standards. In Norway, this includes listed companies, companies with debt securities listed on Oslo B\\u00f8rs, and subsidiaries that deliver reporting packages to an IFRS-reporting parent.<br\\\/>Many larger private enterprises also choose to report under IFRS voluntarily, often for the benefit of lenders, investors or owner requirements. \"}},{\"@type\":\"Question\",\"name\":\"What is the difference between an operating and a finance lease under IFRS 16?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"For the lessee, IFRS 16 effectively removes the distinction between operating and finance leases. Almost all leases are recognized on the balance sheet as a right-of-use asset and a lease liability, and recognized in the income statement as depreciation and interest expense. The exceptions are short-term leases of up to 12 months and leases where the underlying asset has a low value. For the lessor, the distinction is largely carried over from IAS 17.  \"}},{\"@type\":\"Question\",\"name\":\"Do small companies need an IFRS 16 system, or is Excel enough?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Excel can work at the outset for establishing the opening balance, but even a few leases generate complex calculations over time: index adjustments, modifications, option exercises, residual values and disclosure requirements. A dedicated IFRS 16 system reduces the risk of errors, provides a traceable audit history, and keeps the calculations consistent between periods. Auditors generally recommend a dedicated solution from more than one lease onward. \"}},{\"@type\":\"Question\",\"name\":\"Where is the data stored in ShareControl IFRS 16?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"All data is stored in the customer's own Microsoft 365 tenant, on SharePoint Online. ShareControl IFRS 16 is a SharePoint app that is installed on top of the existing subscription. There is no third-party data storage and no new data processing agreement beyond the one the customer already has with Microsoft. Norwegian customers can choose storage in Microsoft's data centers in Norway or other regions in the EU\\\/EEA.  \"}},{\"@type\":\"Question\",\"name\":\"Which reporting and accounting systems does ShareControl IFRS 16 integrate with?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ShareControl IFRS 16 reports via Excel and Power BI as standard, and can be integrated with consolidation and accounting systems such as SAP, Visma, Oracle HFM, IBM Cognos, Agresso\\\/Unit4, Bright Analytics, Cantor and OCRA. Exchange rates are retrieved automatically from Norges Bank and Sveriges Riksbank for multi-currency leases.\"}},{\"@type\":\"Question\",\"name\":\"How quickly can ShareControl IFRS 16 be set up?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Because the solution is installed on existing Microsoft 365 infrastructure, no new servers, new user database or new login is required. A typical setup is completed within a few weeks and consists of four steps: defining the process and metadata, data transfer of existing leases, optional integration with an accounting or consolidation system, and training and support. \"}},{\"@type\":\"Question\",\"name\":\"Is ShareControl IFRS 16 GDPR- and Schrems II-compliant?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. Data is stored in Microsoft's European data centers, and Norwegian customers can choose storage in Norway. All data processing takes place within the EU\\\/EEA, and the solution inherits Microsoft 365's certifications. For technical details on encryption, identity and certifications see <a href=\\\"https:\\\/\\\/sharecontrol.io\\\/en\\\/products\\\/security-in-share-control\\\/\\\">Security in ShareControl<\\\/a>.  \"}}]}<\/script><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-5fd5f1c4 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">What is an IFRS 16 system?<\/h3><\/div><div class=\"uagb-faq-content\"><p>An IFRS 16 system is software that automates the accounting for leases under the international accounting standard IFRS 16. The system calculates the right-of-use asset and the lease liability, keeps track of depreciation, interest expense, index adjustments and modifications, and produces audit-ready reports and notes for the annual accounts.<br \/>Unlike a spreadsheet, a dedicated system ensures consistent calculations between periods, traceability for changes, and automatic handling of the standard&#8217;s remeasurement requirements. <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-3b6dcbbe \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">What is an IFRS 16 solution?<\/h3><\/div><div class=\"uagb-faq-content\"><p>An IFRS 16 solution is software that automates the accounting for leases under IFRS 16 \u2014 from identification and classification to calculation of the lease liability and right-of-use asset, period allocation, presentation and note disclosures. ShareControl IFRS 16 is an IFRS 16 solution that is installed directly in the company&#8217;s existing Microsoft 365 environment, and that inherits the security and access regime the company already has in place. This sets it apart from traditional SaaS-based IFRS 16 solutions where the data is stored with an external vendor. <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-7d447f00 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">Who does IFRS 16 apply to?<\/h3><\/div><div class=\"uagb-faq-content\"><p>IFRS 16 applies to companies that report under the International Financial Reporting Standards. In Norway, this includes listed companies, companies with debt securities listed on Oslo B\u00f8rs, and subsidiaries that deliver reporting packages to an IFRS-reporting parent.<br \/>Many larger private enterprises also choose to report under IFRS voluntarily, often for the benefit of lenders, investors or owner requirements. <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-201aab85 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">What is the difference between an operating and a finance lease under IFRS 16?<\/h3><\/div><div class=\"uagb-faq-content\"><p>For the lessee, IFRS 16 effectively removes the distinction between operating and finance leases. Almost all leases are recognized on the balance sheet as a right-of-use asset and a lease liability, and recognized in the income statement as depreciation and interest expense. The exceptions are short-term leases of up to 12 months and leases where the underlying asset has a low value. For the lessor, the distinction is largely carried over from IAS 17.  <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-940c7dc1 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">Do small companies need an IFRS 16 system, or is Excel enough?<\/h3><\/div><div class=\"uagb-faq-content\"><p>Excel can work at the outset for establishing the opening balance, but even a few leases generate complex calculations over time: index adjustments, modifications, option exercises, residual values and disclosure requirements. A dedicated IFRS 16 system reduces the risk of errors, provides a traceable audit history, and keeps the calculations consistent between periods. Auditors generally recommend a dedicated solution from more than one lease onward. <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-6a2a3eed \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">Where is the data stored in ShareControl IFRS 16?<\/h3><\/div><div class=\"uagb-faq-content\"><p>All data is stored in the customer&#8217;s own Microsoft 365 tenant, on SharePoint Online. ShareControl IFRS 16 is a SharePoint app that is installed on top of the existing subscription. There is no third-party data storage and no new data processing agreement beyond the one the customer already has with Microsoft. Norwegian customers can choose storage in Microsoft&#8217;s data centers in Norway or other regions in the EU\/EEA.  <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-92483917 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">Which reporting and accounting systems does ShareControl IFRS 16 integrate with?<\/h3><\/div><div class=\"uagb-faq-content\"><p>ShareControl IFRS 16 reports via Excel and Power BI as standard, and can be integrated with consolidation and accounting systems such as SAP, Visma, Oracle HFM, IBM Cognos, Agresso\/Unit4, Bright Analytics, Cantor and OCRA. Exchange rates are retrieved automatically from Norges Bank and Sveriges Riksbank for multi-currency leases.<\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-0bcdec05 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">How quickly can ShareControl IFRS 16 be set up?<\/h3><\/div><div class=\"uagb-faq-content\"><p>Because the solution is installed on existing Microsoft 365 infrastructure, no new servers, new user database or new login is required. A typical setup is completed within a few weeks and consists of four steps: defining the process and metadata, data transfer of existing leases, optional integration with an accounting or consolidation system, and training and support. <\/p><\/div><\/div><div class=\"wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-a232eab1 \" role=\"tab\" tabindex=\"0\"><div class=\"uagb-faq-questions-button uagb-faq-questions\">\t\t\t<span class=\"uagb-icon uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M311.9 335.1l-132.4 136.8C174.1 477.3 167.1 480 160 480c-7.055 0-14.12-2.702-19.47-8.109l-132.4-136.8C-9.229 317.8 3.055 288 27.66 288h264.7C316.9 288 329.2 317.8 311.9 335.1z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"uagb-icon-active uagb-faq-icon-wrap\">\n\t\t\t\t\t\t\t\t<svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox= \"0 0 320 512\"><path d=\"M27.66 224h264.7c24.6 0 36.89-29.78 19.54-47.12l-132.3-136.8c-5.406-5.406-12.47-8.107-19.53-8.107c-7.055 0-14.09 2.701-19.45 8.107L8.119 176.9C-9.229 194.2 3.055 224 27.66 224z\"><\/path><\/svg>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t<h3 class=\"uagb-question\">Is ShareControl IFRS 16 GDPR- and Schrems II-compliant?<\/h3><\/div><div class=\"uagb-faq-content\"><p>Yes. Data is stored in Microsoft&#8217;s European data centers, and Norwegian customers can choose storage in Norway. All data processing takes place within the EU\/EEA, and the solution inherits Microsoft 365&#8217;s certifications. For technical details on encryption, identity and certifications see <a href=\"https:\/\/sharecontrol.io\/en\/products\/security-in-share-control\/\">Security in ShareControl<\/a>.  <\/p><\/div><\/div><\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In Short:&nbsp;ShareControl IFRS 16 is an IFRS 16 solution that lives directly within the company&#8217;s existing Microsoft 365 tenant. The solution is installed as a SharePoint add-on on the customer&#8217;s own Microsoft 365 platform and handles the entire lifecycle of a lease \u2014 from identification and classification, through calculation of the right-of-use asset and lease &#8230; <a title=\"IFRS 16 Software\" class=\"read-more\" href=\"https:\/\/sharecontrol.io\/en\/products\/ifrs-16-system\/\" aria-label=\"Read more about IFRS 16 Software\">Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":9834,"parent":7860,"menu_order":3,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","_uag_custom_page_level_css":"","footnotes":""},"class_list":["post-7869","page","type-page","status-publish","has-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IFRS 16 Software<\/title>\n<meta name=\"description\" content=\"IFRS 16 System - Streamline your accounting processes, save time and ensure accurate financial reporting IFRS 16 software\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sharecontrol.io\/en\/products\/ifrs-16-system\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IFRS 16 Software\" \/>\n<meta property=\"og:description\" content=\"IFRS 16 System - Streamline your accounting processes, save time and ensure accurate financial reporting IFRS 16 software\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sharecontrol.io\/en\/products\/ifrs-16-system\/\" \/>\n<meta property=\"og:site_name\" content=\"ShareControl\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-13T13:51:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/sharecontrol.io\/wp-content\/uploads\/2023\/09\/ShareControl-IFRS-16.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1824\" \/>\n\t<meta property=\"og:image:height\" content=\"976\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sharecontrol.io\\\/en\\\/products\\\/ifrs-16-system\\\/\",\"url\":\"https:\\\/\\\/sharecontrol.io\\\/en\\\/products\\\/ifrs-16-system\\\/\",\"name\":\"IFRS 16 Software\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sharecontrol.io\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/sharecontrol.io\\\/en\\\/products\\\/ifrs-16-system\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/sharecontrol.io\\\/en\\\/products\\\/ifrs-16-system\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/sharecontrol.io\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/ShareControl-IFRS-16.jpg\",\"datePublished\":\"2021-04-20T19:09:39+00:00\",\"dateModified\":\"2026-06-13T13:51:15+00:00\",\"description\":\"IFRS 16 System - 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