Latest Insights

IFRS 16 compliance: incremental borrowing rate calculations driven by digital transformation

A significant change in lease accounting practices is a few months away: all lessors and lessees will have to be compliant with IFRS 16 standards from the start of their next fiscal year (1st of January 2019 or later).

Raising the bar for debt advisory

To reflect the changing requirements of our clients, we have redefined our debt advisory service offering and established a dedicated team of consultants to secure the benefits of the currently strong financing conditions for our clients in the long run.

Cracking the treasury vault – what’s in store for 2018?

Over the last years the global economy has been in a ‘Goldilocks’ state, enjoying moderate economic growth combined with low inflation and low interest rates. These favourable market conditions are fuelling corporate and private equity M&A activity, which is generally keeping treasurers busy around the globe. And although the consensus is that the Goldilocks economy will continue in 2018, it will be the unexpected events (rather than expected) which will drive the financial markets. In this regard who better to deal with the unexpected than the treasurer?

IFRS 16 Start early and avoid costly mistakes

IFRS 16 leases will be effective from 1 January 2019. The new standard will replace IAS 17. The deadline may seem far away, but because the implementation of IFRS 16 will have a significant impact on quite a range of companies, we advise to prepare early. Therefore it is important to put IFRS 16 already high on the agenda.

Increasing volumes in the European leveraged loan market

Debt markets update

The new-issue volume of leveraged loans in Europe almost reached €80 billion in 2014, the highest level in seven years and an increase of 17% compared to 2013. Leveraged loans are loans provided to companies that, usually, already have considerable amounts of debt and they are generally associated with mergers and acquisitions as they provide the extra cash needed to facilitate a deal.