Tag: Michael Keeler
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.
FEI New Lease Accounting Standards Conference to feature CEO Michael Keeler
IRVINE, Texas -- LeaseAccelerator announced today that its CEO, Michael Keeler, will participate in a panel at the upcoming Financial Executives International (FEI) New Lease Accounting Standard Conference. Issued earlier this year, the new standards, FASB ASU 2016-02 (or Topic 842) for US GAAP and IFRS 16, will require companies to track virtually all real estate, equipment leases, and leases embedded in service agreements as assets and liabilities on their balance sheets starting as early as 2019.
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.
Publication for Equipment Lessees Launched by The Lessee Advocate LLC
WASHINGTON, D.C. -- The Lessee Advocate, LLC, announced today that it has launched the first publication dedicated to helping corporate equipment lessees improve their...