LeaseAccelerator announced a new update designed with the guidance of customer focus groups to improve analytics, the user experience and performance across the lease lifecycle. read more
SEP 16, 2021 - 6:15 am
G2, a business solutions review website, named LeaseAccelerator, a provider of lease lifecycle automation software, a leader in four lease accounting software customer service and support categories. read more
AUG 20, 2021 - 6:22 am
The Financial Accounting Standards Board issued an accounting standards update intended to improve an area of the leases guidance related to a lessor’s accounting for certain leases with variable lease payments. read more
JUL 20, 2021 - 6:53 am
Insight Financial Services, a division of Insight Investments, achieved its sixth consecutive completion and recertification of the Service Organization Control (SOC) 1 Type 2 audit. read more
JUN 29, 2021 - 6:38 am
The Financial Accounting Standards Board issued a proposed accounting standards update that would improve discount rate guidance for lessees that are not public business entities, including private companies, not-for-profit organizations and employee benefit plans. read more
JUN 18, 2021 - 6:21 am
Companies are continuing to feel the brunt of the new lease accounting standards this year, with the average company experiencing lease liability increases of 419%, according to the 2021 Lease Liabilities Index Report from accounting technology provider LeaseQuery. read more
MAY 19, 2021 - 6:44 am
The Financial Accounting Standards Board will host a virtual roundtable on the implementation of the current expected credit losses (CECL) standard and related technical issues. The event will be webcast live at fasb.org on May 20 from 9 a.m. to 12 p.m. EST. read more
APR 22, 2021 - 6:51 am
According to LeaseAccelerator and EY’s 2021 Global Lease Accounting Survey, while lease accounting standards for public companies have been around since 2019, there is still an opportunity to drive ROI from the investments made in adopting the standards. read more
MAR 19, 2021 - 6:26 am
LTi Technology Solutions will now provide support for the LIBOR to SOFR transition in all versions of its flagship product, ASPIRE V5. While the official end of LIBOR is still several months away, LTi is taking this action now with the goal of ensuring efficient replacement. read more
JAN 25, 2021 - 6:28 am
Visual Lease, a provider of lease accounting and management software, was named No. 10 on NJBIZ’s list of New Jersey’s 50 Fastest Growing Companies in 2020. read more
DEC 29, 2020 - 7:11 am
Visual Lease, a provider of lease accounting and management software, launched its Integrations Hub, which offers a platform to access third-party applications. The company unveiled the platform during a virtual launch event on Dec. 8. read more
DEC 10, 2020 - 7:19 am
The Equipment Leasing and Finance Association released key takeaways from the Dec. 2 meeting of the Financial Accounting Standards Board. These takeaways were prepared by John Bober, chair of the ELFA financial accounting committee. read more
DEC 4, 2020 - 7:29 am
LeaseQuery, a provider of lease accounting software, entered a partnership with Sage Fixed Assets, a provider of asset management software. This alliance will allow LeaseQuery and Sage Fixed Assets to combine lease management and capital management. read more
DEC 2, 2020 - 7:12 am
The Financial Accounting Standards Board released a FASB staff educational paper that provides stakeholders with a summary and overview of a debtor’s application of guidance on debt restructurings and modifications. read more
NOV 9, 2020 - 7:23 am
The Financial Accounting Standards Board issued a proposed accounting standards update that would clarify the scope of the FASB’s recent reference rate reform guidance. Stakeholders are asked to review and provide input on the proposed ASU by Nov. 13. read more
NOV 4, 2020 - 7:13 am