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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.

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.