Tag: LeaseAccelerator
LeaseAccelerator Webinar: Lease Accounting for Oracle ERP Users, ASC 842 and IFRS 16
eNewsChannels NEWS: -- 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 Standards Webinar to be Hosted by LeaseAccelerator
eNewsChannels NEWS: (GREAT FALLS, Va.) -- 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 U.S. Companies Find New Lease Accounting Standards More Complex than Anticipated
eNewsChannels NEWS: (GREAT FALLS, Va.) -- 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 Leasing Study Finds Companies Dependent on Spreadsheets for Managing Equipment Leases and Have Risks
NEWS: (GREAT FALLS, Va.) LeaseAccelerator, the leader in Equipment Lease Management software, announced the results of a 2016 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.
New Lease Accounting Standards: LeaseAccelerator Announces FASB ASC 842 and IFRS 16 Compliant SaaS Solution
NEWS: (GREAT FALLS, Va.) 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 SEC and other international regulators.
New Study: Who is Most Impacted by the New Lease Accounting Standards
NEWS: (GREAT FALLS, Va.) 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 2016 Webinar: Spend Management for Equipment Leases – Five Best Practices
NEWS: (GREAT FALLS, Va.) 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.
Webinar: Equipment Finance Experts to Provide Preview of Forthcoming FASB 842 and IFRS 16
NEWS: 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.
IT Leasing Expert Tim Shockley joins LeaseAccelerator to Lead Sales Force
NEWS: LeaseAccelerator has announced that sales leader and enterprise leasing expert Tim Shockley has joined the company as Vice President of Sales. Tim brings more than 20 years of experience leading top performing teams to provide IT and Financial solutions into Fortune 500 companies.
Critical Lease Accounting Capabilities Available in SaaS Offering in Advance of 2015 FASB Standard Change
NEWS: LeaseAccelerator Inc., the market-leader in Equipment Lease Management (ELM) software, today announced that its LeaseAccelerator(R) software-as-a-service (SaaS) solution has attained SAP-certification with SAP's ERP platform as powered by the SAP NetWeaver(R) platform. LeaseAccelerator(R) has been proven to integrate with SAP(R) solutions, offering the most advanced capital lease accounting capabilities available to equipment lessees.
Enterprise SaaS Sales Expert Jay McGlynn joins LeaseAccelerator as Chief Revenue Officer
GREAT FALLS, Va. /eNewsChannels/ -- NEWS: LeaseAccelerator announced today that sales leader and go-to-market strategist Jay McGlynn has joined the company as Chief Revenue Officer. Jay brings more than 40 years of enterprise technology sales experience to a team delivering comprehensive Equipment Lease Management (ELM) solutions to Fortune 1000 companies.
Whitepaper on Lease Accounting Standard Changes for Lessees to Explain May 2013 FASB Exposure Draft announced by LeaseAccelerator
WASHINGTON, D.C. /eNewsChannels/ -- NEWS May 14, 2013: Lease Accelerator announced today that it has published a new lease accounting whitepaper for lessees that explains the new 2013 FASB Exposure Draft, which the FASB is expected to release later this week. Lessees can download it for free from LeaseAccelerator's publishing arm. The official title is 'How to Prepare Now for the Coming Lease Accounting Changes.'
Ecologic Leasing announces New Version of LeaseAccelerator SaaS Enabling Equipment Lessees to move to New Lease Accounting Standard
WASHINGTON, D.C. /eNewsChannels/ -- Ecologic Leasing Services announced today that the company has released a new version of LeaseAccelerator that is designed to enable equipment lessees, the users of leased equipment, to transition in the most efficient and effective manner to the expected new lease accounting standard. Ecologic made the announcement at the Equipment Leasing and Finance Association's (ELFA) 2012 Lease and Finance Accountants Conference in Washington, D.C.
Ecologic Leasing Services announces LeaseAccelerator 7.0 SaaS – Web-based software designed for global lessees and vendor captives adds key features
GREAT FALLS, Va. /eNewsChannels/ -- Ecologic Leasing Services announced today that it has released version 7.0 of LeaseAccelerator®, web-based software service (SaaS) designed for corporate and non-profit lessees and vendor captives that lease equipment around the globe