LeaseAccelerator and Ernst & Young formed an alliance to provide increased transparency over critical lease terms and help reduce cost, risk and time to simplify the compliance experience. read more

JUL 17, 2020 - 7:06 am

The Wall Street Journal reported that the International Accounting Standards Board proposed a new rule that would change how companies report and explain profit. read more

DEC 23, 2019 - 5:40 am

Just 26.3% of public company executives report that their implementation of the FASB and IASB lease accounting standards is complete, according to a June 2019 Deloitte poll. read more

SEP 19, 2019 - 6:20 am

JetBlue Airways has selected Accruent’s lease administration and accounting software to manage its lease processes and ensure FASB/IASB compliance. read more

OCT 19, 2018 - 7:00 am

Steven Rose joined LeaseAccelerator, a provider of Enterprise Lease Accounting software, as its new head of international. read more

AUG 22, 2018 - 2:15 pm

With ASC 842 requiring all leases to be placed on balance sheet, will more lessees seek to structure equipment financing arrangements as service contracts, and is that really possible?... read more

Jul/Aug 2018

Deloitte’s latest poll revealed having the right IT systems in place remains a key challenge for public companies as the effective January 1, 2019 lease accounting standards implementation date approaches quickly. read more

AUG 2, 2018 - 6:35 am

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

FEB 27, 2018 - 7:13 am

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

JAN 12, 2018 - 7:44 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

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 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

Ron Meyer

Banks are beginning to prepare for the biggest accounting change in living memory. Because the current system of financial reporting was too slow to recognize losses on loan and debt securities during the financial crisis, the global accounting framework for... read more

May 2017

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

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