Useful life

BIM2FM: Information exchange along the building life cycle

Building Information Modelling to Facility Management (BIM2FM) is an advanced process for integrating building data over the entire life cycle of a building. This method optimises the planning, construction, operation and maintenance of buildings. BIM2FM enables all relevant building information to be captured and managed in a digital model, resulting in more efficient and cost-effective building management. The BIM2FM approach includes the capture and management of all building-relevant data and information. This includes geometric [...]

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Optimise space management with CAFM software

CAFM software stands for Computer Aided Facility Management and refers to the use of software to manage buildings and facilities. An important component of CAFM is space management, which deals with the efficient utilisation of rooms and spaces. In this article, we will take a closer look at the importance of space management in CAFM software. Key takeaways Space management in CAFM software refers to the management and optimisation of space and facilities.

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Depreciation: How to save taxes

Depreciation is an important aspect for businesses and individuals to understand their financial situation and save tax. It is important to understand how assets depreciate over time and how this can affect the tax burden. In this article, we will explore the different types of depreciation, how it is calculated and how it affects the balance sheet and income statement. Key Takeaways

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IFRS 16 Leasing: What companies need to know about the new regulations

The International Financial Reporting Standards (IFRS) are a series of accounting standards developed by the International Accounting Standards Board (IASB). One of the latest standards is IFRS 16, which came into force in January 2019. This standard has a significant impact on lease accounting and is therefore of great importance to companies. What is IFRS 16 and why was it introduced? IFRS 16 is an accounting standard,

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