Today we're going to talk about lease accounting, a crucial topic that many may find daunting.

It's essential to understand that it's perfectly okay not to know everything about this complex area.

Our guest, Christo Kritzinger from Rubli, sheds light on the recent changes in lease accounting standards, particularly IFRS 16, which has significant implications for businesses.

Remember, you’re not alone in this journey, and there are resources available to support you.

Learn more about Rubli - https://www.rubli.co/

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About us

We're Jo and Zoe and we help bookkeepers find clients, make more money and build profitable businesses they love. Find out about working with us in The Bookkeepers' Collective, at: 6figurebookkeeper.com/collective

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About our Sponsor

This episode of The Bookkeepers' Podcast is sponsored by Xero. Get 90% off your first 6 months by visiting:

https://xero5440.partnerlinks.io/6figurebookkeeper

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Promotion

This video contains paid promotion.

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Disclaimer:

The information contained in The Bookkeepers' Podcast is provided for information purposes only. The contents of The Bookkeepers' Podcast is not intended to amount to advice and you should not rely on any of the contents of the Bookkeepers' Podcast. Professional advice should be obtained before taking or refraining from taking any action as a result of the contents of the Bookkeepers' Podcast. The 6 Figure Bookkeeper Ltd disclaims all liability and responsibility arising from any reliance placed on any of the contents of the Bookkeepers' Podcast.

Chapters:

00:00:00 - Introduction

00:00:22 - Guest Introduction: Christo Kritzinger

00:00:40 - Christo's Role at Rubli

00:00:57 - Christo's Career Journey

00:02:11 - Explanation of Lease Accounting

00:06:29 - Impact of Lease Accounting on Small Businesses

00:08:49 - Understanding Lease Accounting Challenges

00:09:11 - Understanding Lease Accounting Changes

00:09:57 - Lease Accounting in Different Industries

00:12:36 - Conclusion: Importance of Staying Updated

00:15:41 - Implications of Lease Accounting Changes

00:17:00 - Advisory Services and Lease Accounting

00:18:43 - Managing Leases: Traditional Methods vs Software

00:20:04 - Role of AI in Lease Accounting

00:20:53 - The Future of AI in Accounting

00:22:01 - The Benefits of Using Specific Software Tools

00:24:22 - The Role of AI in Improving Efficiency

00:26:35 - Final Thoughts and Contact Information

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