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News Stories (25 Results) - Accounting

Implementation of the new lease accounting standard has led to average balance sheet lease liability increases of 1,475 percent, according to new research from lease accounting technology provider, LeaseQuery. In an analysis of more than 400 balance... Read Story
February 19, 2020, 07:21 AM


LeaseQuery announced the launch of LeaseGuru, its CPA-approved, cloud-based lease accounting solution for public and private companies with a lease portfolio of under ten.This highly anticipated platform has been vetted by LeaseQuery’s trained... Read Story
January 31, 2020, 07:00 AM


Visual Lease, a cloud-based lease management and accounting software provider, received a growth investment from Spectrum Equity.The investment will fuel Visual Lease's rapid expansion of sales, marketing, product development and engineering to meet... Read Story
July 22, 2019, 07:10 AM


LeaseAccelerator announced the results of the its third annual Progress Report on ASC 842, which focuses exclusively on U.S.-based private companies and their readiness for the new lease accounting standards. The deadline for most U.S.-based private... Read Story
April 11, 2019, 07:20 AM


Alvarez & Marsal (A&M) announced the launch of LeaseSCRE, a web-based tool that uses machine learning to estimate an incremental borrowing rate (IBR) curve. LeaseSCRE provides companies with a streamlined and efficient mechanism to estimate the... Read Story
April 08, 2019, 06:00 AM


LeaseAccelerator announced David Byrne has joined the company as its new Head of Australia and Southeast Asia. Byrne brings over 20 years of experience at leading financial technology companies implementing growth strategies across Australia and the... Read Story
November 30, 2018, 07:10 AM


Equipment finance companies collect and generate a wealth of data, but most are unsure how to leverage it to increase competitiveness in strategic ways. Those attending the Equipment Leasing and Finance Association (ELFA) Operations & Technology... Read Story
August 28, 2018, 07:22 AM


LeaseQuery announced the addition of Peter Garza as vice president of marketing. Garza’s experience in content marketing, brand management, demand generation, digital marketing and Six Sigma offers a combination of skills that will further solidify... Read Story
June 13, 2018, 07:27 AM


LeaseAccelerator announced national consulting and talent solutions firm, Vaco, has joined its global alliance program. The new alliance will help companies accelerate adoption of the new lease accounting standards, ASC 842 and IFRS 16. The new... Read Story
June 13, 2018, 07:10 AM


Advance Acceptance, a division of First Western Bank & Trust, announced Jill Copeland will be joining the team as the new Accounting Systems & Support Specialist."My goal, in working with Advance Acceptance, is to use my 20 plus years in the leasing... Read Story
June 06, 2018, 07:10 AM


PowerPlan, a lease accounting software firm, has announced a strategic technology partnership with LEVERTON, an AI-based document and data abstraction platform. The partnership, which involves the product integration of PowerPlan and LEVERTON, allows... Read Story
June 01, 2018, 07:00 AM


LeaseAccelerator announced it will hold its Summer 2018 Lease Accounting Summit in Chicago on June 20. The summit will take place immediately following the Accounting Change for Financial Leaders conference held by the Financial Executive Institute... Read Story
May 29, 2018, 07:10 AM


Deloitte and Bloomberg Tax will host Lease Accounting Standard: A Way Forward, a one-day conference to help companies navigate the new lease accounting standard, one of the most transformative pieces of authoritative accounting guidance in the FASB... Read Story
May 15, 2018, 07:00 AM


Fleet Advantage announced it has made public a new report titled: “Impact of Latest Tax and Accounting Changes on Equipment Procurement–What You Need to Know.” The report illustrates key business provisions and practical implications of the updates... Read Story
May 09, 2018, 07:15 AM


LeaseAccelerator announced the release of the first SAB 74 Disclosure Analysis for Lease Accounting report, an assessment of recent Securities and Exchange Commission filings related to the adoption of ASC 842. The report includes comments issued by... Read Story
April 18, 2018, 07:15 AM


LeaseQuery announced its recent hire of Andrea Holmes, who joins the LeaseQuery team as a lease accounting manager working from the Atlanta office. Within this role, Andrea will manage set-up of client’s financial reporting structure in LeaseQuery’s... Read Story
April 13, 2018, 07:20 AM


LeaseAccelerator announced 10 new Oracle-centric companies have selected its software-as-a-service (SaaS) application to comply with the new ASC 842 and IFRS 16 standards. Currently used by Arconic, Alcoa, ATI, Cummins, Herbalife and Salesforce.com... Read Story
April 13, 2018, 07:15 AM


LeaseAccelerator announced that it has been featured as 2018’s Top 10 Accounting Solution Providers in the latest edition of CFO Tech Outlook. The annual list of companies is selected by a panel of experts and members of the magazine’s editorial... Read Story
March 02, 2018, 07:00 AM


ProLease announced that Tony Famularo, CPA has joined the team as Managing Director, Technical Accounting. Tony Famularo has been a technical accounting leader for over 30 years and will be a key figure in advising best practices for ProLease clients... Read Story
February 08, 2018, 06:00 AM


The Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) that improves financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and... Read Story
June 22, 2016, 07:15 AM


A delegation of community bankers from the Independent Community Bankers of America® (ICBA) met with the Financial Accounting Standards Board (FASB) on widespread concerns with FASB’s controversial proposed accounting reforms. The three community... Read Story
February 08, 2016, 07:11 AM


The Financial Accounting Standards Board (FASB)  voted to extend the comment deadline for its proposal to improve financial reporting about expected credit losses on loans and other financial assets held by banks, financial institutions, and other... Read Story
March 29, 2013, 07:14 AM


The Financial Accounting Standards Board (FASB) will join the Accounting Standards Advisory Forum (ASAF), the new advisory group for the International Accounting Standards Board (IASB), the Financial Accounting Foundation (FAF) announced yesterday.... Read Story
March 20, 2013, 07:00 AM


J.H. Cohn LLP and Reznick Group, P.C., two of the top-20 accounting and consulting firms in the U.S., announced the completion of their combination, forming CohnReznick LLP.  CohnReznick is now the 11th largest firm in the country with 25 offices... Read Story
October 15, 2012, 07:01 AM


Certification Validates LeaseTeam’s dedication to providing the highest levels of security and environmental controls to its customers. LeaseTeam, Inc., the premier solution provider in the equipment and finance marketplace, is pleased to announce... Read Story
March 26, 2012, 11:40 AM