The practical expedient that allows companies to choose whether or not to separate lease and non-lease components is receiving mixed reviews. While electing the expedient would reduce the burden of implementing the new standard, there are also some drawbacks to consider.
What items will external auditors be focused on after the implementation deadline for lease accounting? There has been little guidance published by the big four firms yet. However, one topic that is raised by auditors at almost every lease accounting conference is the importance of completeness.
Learn the different strategies for validating completeness of your lease population, including stakeholder surveys, systems of record, and controls, to be able to identify lease contracts that may otherwise be overlooked.
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Learn how to ensure your data is current with the most accurate and complete information on day two and beyond.
Looking for cost savings in your corporate real estate portfolio? Read this guide to learn the ten strategies for reducing costs through better real estate lease administration. Topics include uncollected subtenant rent, overdue security deposits, forfeited tenant allowances, and missed renewal dates.
Real estate leases represent the highest spend in the lease portfolios of most companies. There are several ways real estate groups can lower the spend and improve the efficiency of their real estate lease portfolio.
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Understand the potential cost savings opportunities resulting from automation of record-to-report.
The LeaseAccelerator Product and Partner Trainer is a key player supporting our ELA SaaS solution which is experiencing very high growth in the market. The Trainer is responsible for ensuring that our customers receive exceptional user training on our application and relevant best practices supporting their financial accounting compliance and operational activities. The Trainer will also ensure that our resource partners are knowledgeable in key areas, including lease management best practices and procedures, lease accounting compliance requirements, and selling and implementing the LeaseAccelerator SaaS solution.
FRANKFURT, Germany– 28 June 2018 LeaseAccelerator, the pioneer in the Enterprise Lease Accounting software market, will join global accounting leaders to discuss challenges and best practices for implementing IFRS 16 at the upcoming IFRS Foundation Conference.
RESTON, Va.– June 26, 2018 – LeaseAccelerator, an Enterprise Lease Accounting software vendor, today announced a $30M investment from Insight Venture Partners, a New York-based venture capital and private equity firm. In conjunction with the financing, Peter Sobiloff, Managing Director at Insight Venture Partners, will join the board and Jon Rosenbaum, Senior Associate, will be a board observer. The new financing round will be used to fund the company’s product roadmap, partner ecosystem and international expansion as LeaseAccelerator continues to pursue its tremendous growth in the Enterprise Lease Accounting software market.
CHICAGO– June 20, 2018 – LeaseAccelerator, the pioneer in Enterprise Lease Accounting software, today announced a new online training curriculum that will accelerate adoption of and compliance with the new ASC 842 and IFRS 16 standards. The new experiential learning platform will help users in Leasing Centers of Excellence quickly climb the learning curve required to master the systems that enable the new lease accounting standards.
CHICAGO – June 19, 2018 – LeaseAccelerator, the pioneer in Enterprise Lease Accounting software, will kick off its Summer 2018 Lease Accounting Summit with an opening reception this evening in Chicago, IL. Tomorrow over one hundred representatives from Fortune 1000 and middle market companies will join thought leaders from audit and advisory firms for the one day event at the Navy Pier conference center.