IFRS16 Standard Compliance

Header Cbc

Context

With more than 300 lease contracts, CBC/Radio-Canada (“CBC/R-C”) is subject to the requirements of the IFRS 16 standard and was under an obligation to be in compliance with the standard by 1 April 2019. A contract management tool was already in place within the organisation but covered far more contracts (programming, technical equipment procurement, etc.)
than those within the scope of application of the IFRS16 standard. CBC/R-C was therefore seeking a solution designed principally to perform IFRS 16 calculations.

Benefits

  • SaaS solution with rapid deployment
  • Good integration into the group’s financial ecosystem
  • Simple interface with their consolidation tool
  • Competitive price compared with the competition

Lease Contracts: 300

7 application users

The Viareport consultants have an excellent understanding of the application of the IFRS 16 standard and the functioning of the tool: a rare combination! When we have questions, we send our requests by ticket to the support centre and we always get a fast response. Information exchanges in order to resolve problems are generally minimal.

Julien ST PIERRE
Senior Manager, Accounting And Corporate Reporting

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