FASB issued a proposed accounting standard update intended to reduce costs and ease implementation of the leases standard for financial statement preparers. read more

JAN 8, 2018 - 8:11 am

According to a post on CFO, FASB proposed adjustments to the new leasing rules which would give companies a “pass” in applying the new rules to 2017 and 2018 financials. read more

DEC 7, 2017 - 6:36 am

Leaseurope wants European national standard setters to avoid applying rules similar to the new international lease accounting standard in local accounting rules that are used by more than 99% of European firms. read more

NOV 10, 2017 - 6:36 am

LeaseAccelerator was recognized as one of 2017’s top 10 financial reporting solution providers in the latest edition of CFO Tech Outlook. read more

OCT 13, 2017 - 6:22 am

Bevan Webster joined LeaseAccelerator as vice president of Professional Services. He will have responsibility for implementing all new enterprise lease accounting software projects for the company’s customer base. read more

SEP 21, 2017 - 6:33 am

PowerPlan added seven customers to its user base who are benefiting from the company’s lease accounting module, which ensures companies are fully compliant with the new FASB and IASB lease accounting standards. read more

AUG 24, 2017 - 6:33 am

The Equipment Leasing and Finance Association released Quick Quiz: Test Your Lease Accounting I.Q. to help lessees and lessors prepare for the new lease accounting standard. read more

AUG 22, 2017 - 7:09 am

Accruent acquired Lucernex in a move to boost its ability to provide advanced solutions for organizations in any industry seeking FASB/IASB compliant real estate and equipment lease accounting software. read more

AUG 10, 2017 - 7:46 am

According to Accounting Today, citing a survey by Deloitte, 41.3% of corporate executives are somewhat concerned about implementation of the new lease accounting standards, while 5.8% are very concerned. read more

AUG 1, 2017 - 6:57 am

According to a PwC survey, 47% of respondents said they’ve started implementation, but reported the effort is more difficult than expected. read more

JUN 29, 2017 - 7:42 am

The Governmental Accounting Standards Board issued guidance that establishes a single approach to accounting for and reporting leases by state and local governments. read more

JUN 29, 2017 - 7:21 am

According to a EY survey of CFOs and CIOs, only 27% are confident that their companies are on track to meet critical milestones in complying with the new lease accounting standard. read more

JUN 28, 2017 - 7:06 am

The Basel Committee issued responses to frequently asked questions related to the changes to lease accounting promulgated by the IASB and the FASB. read more

APR 10, 2017 - 7:36 am

Asset Finance International reported that most companies have not made any progress toward implementing the new lease accounting rules. read more

MAR 31, 2017 - 7:22 am

Leaseurope submitted a paper on possible effects of the new international accounting standard for leasing, IFRS 16, on the European public good to the European Commission. read more

MAR 29, 2017 - 6:26 am