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Cloud software risks: what to look out for?

2 May 2024

Cloud software has become increasingly popular in recent years. It enables companies to store and access their data and applications in the cloud instead of hosting them on local servers. This offers a variety of benefits, including cost savings, scalability and flexibility. However, it is important to understand that there are also risks associated with using cloud software. In this article, we will look at the various risks [...]

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What is the difference between operating leasing and finance leasing?

25 January 2024

Leasing is an important financing method for companies, especially those that need to make large investments but do not have sufficient capital. It allows them to use assets such as machinery, vehicles or property without having to buy them. There are different types of leases, including operating leases and finance leases. In this article, we will explore the differences between these two types of leases and analyse their impact on businesses. Key Takeaways

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IFRS 16 Leasing: What companies need to know about the new regulations

20 January 2024

The International Financial Reporting Standards (IFRS) are a series of accounting standards developed by the International Accounting Standards Board (IASB). One of the latest standards is IFRS 16, which came into force in January 2019. This standard has a significant impact on lease accounting and is therefore of great importance to companies. What is IFRS 16 and why was it introduced? IFRS 16 is an accounting standard,

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Leasing discount: How you can benefit from the flexibility of leasing

3 January 2024

Leasing is a popular financing option for businesses as it allows them to use the equipment they need without having to buy it. It offers many advantages, such as lower initial costs and flexibility when upgrading equipment. An important regulation in Germany that supports companies in the use of leasing is the Leasing Decree. In this article, we will provide a detailed overview of the Leasingerlass and how it works. What

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