Blog

The IRIS blog is the central location for up and coming products, guest articles and industry insights. Bitesize reading that really packs a punch.

50 articles

Banking and integrations: your questions answered

The IRIS Practice Engine team recently welcomed customers to our online user group sessions. On day two, we focused on what we are currently developing…

What does the future hold for IRIS Practice Engine?

The IRIS Practice Engine team recently welcomed customers to our online user group sessions. On day three, we held an open forum and a recap…

The IRIS Practice Engine roadmap, Data Warehouse and 9.7: your questions answered

The IRIS Practice Engine team recently welcomed customers to our online user group sessions. On day one, we focused on where we are now with…

Identifying Embedded Leases Under ASC 842

Every accounting standard has its own set of challenges, but there’s one aspect of all of the guidelines relating to ASC 842 that is especially…

ASC 842 Disclosure Requirements for Lessees

In February 2016, the Financial Accounting Standards Board (“FASB”) issued the new leasing standard in ASU 2016-02 (“ASC 842”) for both lessees and lessors for…

Star goes virtual (mostly)

Star has announced that, after staff consultation, it will close its offices in Watford, Cannock and Eastbourne in Q4 2020. Staff have been working successfully…

Smith & Williamson is live on IRIS Star Practice Management

The 8th largest accounting firm in the UK has gone live on IRIS Star Practice Management. The culmination of a 10-month project, all Smith &…

Applying ASC 842: Calculating the Right-of-Use (ROU) Asset

One of the most significant changes for lessees when applying the new ASC 842 lease accounting standard is the recognition of right-of-use (ROU) assets and…

Applying ASC 842: Practical Expedients and Exemptions

Both FASB (Financial Accounting Standards Board) and IASB (International Accounting Standards Board) understood the enormity both from the perspective of effort and impact of the…