Lease Accounting

LeaseAccelerator Launches New Experiential Learning Platform

LeaseAccelerator launched a new online training curriculum that will accelerate adoption of and compliance with the new ASC 842 and IFRS 16 standards. read more

Vaco Partners with LeaseAccelerator

Vaco, a national consulting and talent solutions firm, joined LeaseAccelerator’s global alliance program. The new alliance will help companies accelerate adoption of the new lease accounting standards, ASC 842 and IFRS 16. read more

LeaseQuery Names Grant Thornton Alum Technical Lease Accounting Manager

LeaseQuery, a provider of lease accounting software, hired Abdi Ali as technical lease accounting manager. read more

New Survey Finds Most Firms Haven’t Started Lease Accounting Transition

A survey from Robert Half and Protiviti found only 44% of companies have begun the transition to adopt the Financial Accounting Standards Board's new lease accounting standard. read more

LeaseAccelerator, RSM Partner on Middle Market Lease Accounting Solution

RSM, a provider of audit, tax and consulting services for the middle market, joined LeaseAccelerator’s partner program. read more

Accruent Lease Accounting Solution Earns Expanded FASB/IASB Verification

Accruent, a provider of physical resource management solutions, expanded the verification process of its lease accounting and administration solution with respect to the new FASB and IASB standards. read more

SEC Disclosures Stress Balance Sheet Impact of Lease Accounting Standards

In a LeaseAccelerator study, 76% of companies reported that there will be a material impact resulting from the transfer of most right-of-use assets and liabilities on to corporate balance sheets. read more

LeaseAccelerator Chosen by 10 Oracle-Centric Firms for ASC 842 Compliance

LeaseAccelerator announced that 10 new Oracle-centric companies have selected its application to comply with the new ASC 842 and IFRS 16 standards. read more

Visual Lease Receives Equity Investment from Growth Street Partners

Visual Lease, a provider of end-to-end lease accounting and management software, received a minority growth equity investment from Growth Street Partners. read more

FASB: ‘Expedient’ Alternative for New Lease Accounting Standard Adoption

According to PwC, in its most recent meeting, the FASB made a move to provide for quicker and more efficient implementation of the new lease accounting standard. read more

Survey: Most Companies Unprepared to Adopt New Leasing Standard

According to Accounting Today, citing a new survey by Deloitte, most companies are still unprepared to adopt the new lease accounting standard. read more

Survey: 75% of Companies Find New Lease Accounting Standards More Complex

According to LeaseAccelerator’s second annual readiness survey, nearly 75% of companies are finding the lease accounting project to be more complex than originally anticipated. read more

KPMG: Implementation Processes Continue for Lease Accounting Standards

According to a KPMG survey, only 15% of companies have completed their implementations in preparation for the looming deadline for compliance with the FASB lease accounting standards. read more

ProLease Names Famularo Director of Technical Accounting

Tony Famularo joined ProLease as managing director of Technical Accounting. Famularo has 30 years of experience in technical accounting and will advise clients as they adopt the lease accounting standard. read more

Accruent, PwC Partner to Prepare Customers for Lease Accounting Changes

Accruent entered into a joint business relationship with PwC, collaborating to prepare customers for FASB/IASB lease accounting changes. read more

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Terry Mulreany
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