Posts by LeaseAccelerator
Lease Accounting for Oracle ERP Users Webinar to be Hosted by LeaseAccelerator
RESTON, Va. /ScoopCloud/ -- LeaseAccelerator announced today that it will be hosting an educational webinar on lease accounting for Oracle ERP users seeking to implement a solution for ASC 842 and IFRS 16. The new lease accounting standards, introduced last year, will require companies to track real estate, equipment, and embedded leases as assets and liabilities on their balance sheets by end of 2018.
Asset-Level Lease Accounting Webinar to be Hosted by LeaseAccelerator
GREAT FALLS, Va. /ScoopCloud/ -- LeaseAccelerator announced today that it will be hosting an educational webinar on Asset-level lease accounting and its role in implementing ASC 842 and IFRS 16. The new lease accounting standards, introduced last year, will require companies to track real estate, equipment, and embedded leases as assets and liabilities on their balance sheets by end of 2018.
Two-Thirds of Large Companies Finding New Lease Accounting Standards More Complex than Anticipated
GREAT FALLS, Va. /ScoopCloud/ -- LeaseAccelerator, the leader in Enterprise Lease Accounting Software, announced the results of a Progress Report study gauging the readiness of large companies to support the new lease accounting standards (ASC 842) one year after their initial publication. The research study, conducted earlier this month, surveyed over 250 respondents in the accounting and finance functions at large public and private US-based corporations.
New Study Finds Most Companies Lack Systems and Processes to Comply with New Lease Accounting Standards
GREAT FALLS, Va., May 11, 2016 (SEND2PRESS NEWSWIRE) -- LeaseAccelerator, the leader in Equipment Lease Management software, announced the results of a market readiness survey for the new lease accounting standards. The first research study to be completed since the Financial Accounting Standards Board (FASB) announced ASU 2016-02 (ASC 842), surveyed financial professionals about their state of readiness for the new leasing standards.
LeaseAccelerator Announces FASB ASC 842 and IFRS 16 Compliant Accounting Solution for Equipment Leases
GREAT FALLS, Va., April 18, 2016 (SEND2PRESS NEWSWIRE) -- LeaseAccelerator, the leader in Equipment Lease Management software, today announced a new release featuring updated functionality to support the new lease accounting standards introduced by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). With support for FASB ASC 842 and IFRS 16, LeaseAccelerator customers can now confidently comply with the financial reporting requirements of the U.S. Securities and Exchange Commission (SEC) and other international regulators in time for the 2019 implementation deadlines.
New Study Identifies Companies Most Impacted by New FASB and IFRS Lease Accounting Rules
GREAT FALLS, Va., Jan. 26, 2016 (SEND2PRESS NEWSWIRE) -- LeaseAccelerator, the leader in Equipment Lease Management software, published today a report listing the off-balance sheet lease obligations of the 500 largest U.S. public companies. The report, entitled "Who is Most Impacted by the New Lease Accounting Standards?" aims to provide greater awareness of the potential impact of the new lease accounting standards.
LeaseAccelerator to Host Webinar on Spend Management for Equipment Leases
GREAT FALLS, Va., Jan. 19, 2016 (SEND2PRESS NEWSWIRE) -- LeaseAccelerator, the leader in Equipment Lease Management Software, announced today that it will host a webinar on Spend Management for Equipment Leases. Drawing upon case studies from Fortune 500 companies, LeaseAccelerator will outline how savings of 6-8 percent can be achieved on leases in categories ranging from transportation and material handling to IT and office equipment.
LeaseAccelerator to Host Educational Webinar on New Lease Accounting Standards
GREAT FALLS, Va., Nov. 5, 2015 (SEND2PRESS NEWSWIRE) -- LeaseAccelerator, the leader in Equipment Lease Management Software, announced today that it will be hosting a webinar on the forthcoming Lease Accounting Standard changes. The company's experts have been closely monitoring the latest proposals and comments on both FASB 842 and IFRS 16.