Maria Allen

I’m a finance professional specializing in IFRS 16 and lease accounting. I have 4+ years of experience and I focus on accurate reporting, compliance, and simplifying complex lease data. I enjoy improving financial processes and delivering clear insights that support better business decisions and transparency.

IFRS 16 Transition Methods Modified Retrospective vs Full Retrospective Compared

IFRS 16 Transition Methods: Modified Retrospective vs Full Retrospective Compared

If your company is still working through its IFRS 16 transition or you’re reviewing past decisions one question comes up more than almost any other: Which transition method should we use? The short answer is: it depends on your leases, your reporting goals, and how much effort your team can absorb. But once you understand […]

IFRS 16 Transition Methods: Modified Retrospective vs Full Retrospective Compared Read More »

The Common Mistakes in IFRS 16 Journal Entries and How a Calculator Helps

Common Mistakes in IFRS 16 Journal Entries and How a Calculator Helps

If you’ve ever sat down to record an IFRS 16 lease and felt a little overwhelmed, you’re not alone. This standard changed the way businesses account for leases, and while the concept makes sense on paper, the actual journal entries trip up even experienced accountants every single day. The good news? Most of the errors

Common Mistakes in IFRS 16 Journal Entries and How a Calculator Helps Read More »

Operating Lease vs Finance Lease Liability

Operating Lease vs Finance Lease Liability: What’s the Difference?

12, April | 4 min read If you’ve ever signed a contract to use an asset a car, office space, or equipment, without actually buying it, you’ve entered a lease. But not all leases are the same. In accounting and finance, leases are classified into two types: operating leases and finance leases. And the difference

Operating Lease vs Finance Lease Liability: What’s the Difference? Read More »