Lease Accounting Related Content

Deloitte: Lease Accounting Preparedness Keeps Executives Awake at Night

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

How Will Leasing Structures Change as a Result of ASC 842?

With ASC 842 requiring all leases to be placed on balance sheet, will lease structures change to minimize the effect of the balance sheet capitalization?... read more

LeaseAccelerator Reveals U.S. Companies with Highest Operating Lease Obligations

LeaseAccelerator released a report ranking the U.S. public companies with the largest leasing obligations. Collectively, the top 1,000 public companies in the U.S. add up to $983 billion in operating lease liabilities. 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

Taking Advantage of Tax Reform: Lease vs. Own Analyses for Sales Reps

Following tax reform, Joe Sebik discusses the need for lease salespeople to become more skilled in generating lease-versus-own financial analyses. ... read more

The Effect of Tax Reform: The Good, the Bad and the Unclear

In the second installment of a series, Joe Sebik discusses the potential upsides and pitfalls of the Tax Cuts and Jobs Act.... 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

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

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

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

New Lease Accounting Rules Will Affect Roughly 1% of European Companies

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

Structuring Leases Under Topic 842: Two Vital Issues to Consider

Bill Bosco raises two Topic 842 issues to consider prior to implementation — the impact of financial measures and ratios and the new rules regarding sale-leaseback accounting. He discusses several challenging situations and offers potential solutions.... read more

Webster Joins LeaseAccelerator as VP of Professional Services

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

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