RESTON, Va. – November 1, 2017 – LeaseAccelerator, the leading provider of Enterprise Lease Accounting software, announced today it will host its 2017 Lease Accounting Summit in New York City on November 15th. Immediately following the Current Financial Reporting Issues (CFRI) conference, held by the Financial Executive Insitute (FEI), summit participants will gather in Times Square to discuss case studies, challenges, best practices, and lessons learned from early lease accounting project implementations.
The new lease accounting standards introduced in early 2016 by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been making headlines in the US and International press. From the Wall Street Journal and Financial Times to Accounting Web and Accounting Today, the discussion of how “the biggest accounting change ever” will impact the balance sheets, executive compensation and debt covenants of Global 2000 companies has become a topic for board directors, shareholders and ratings agencies.
IRVINE, Calif.–(BUSINESS WIRE)– Companies facing compliance deadlines for sweeping new lease accounting standards can look for assistance from a strategic partnership announced today between RGP, a global consulting and professional-services leader, and LeaseAccelerator, a top provider of enterprise lease accounting software. The two firms have teamed up to help clients navigate the standards finalized in 2016 by the U.S. Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB).
RESTON, Va. – October 23, 2017 – LeaseAccelerator, the leading provider of Enterprise Lease Accounting software, announced today that Frank Irizarry has joined the company as vice president of sales. Frank has over 30 years of experience helping financial executives identify, evaluate, buy, and deploy complex business solutions at other market leading financial software companies including Oracle, Siebel, Reval, and FinancialForce. Prior to joining LeaseAccelerator, Frank was the vice president of enterprise accounts at FinancialForce, the leading cloud ERP native to the Salesforce platform.
RESTON, Va., October 11, 2017 — LeaseAccelerator, the leader in Enterprise Lease Accounting Software, announced today that it was recognized as one of 2017’s top 10 Financial Reporting Solution Providers in the latest edition of CFO Tech Outlook. The annual list of companies has been selected by the panel of experts and members of CFO Tech Outlook’s editorial board to recognize and promote technology entrepreneurship. LeaseAccelerator’s recognition is based upon its innovation in providing “push-button” reporting capabilities for the new lease accounting standards.
RESTON, Va. — October 3, 2017 — LeaseAccelerator, the leader in Enterprise Lease Accounting Software, announced fully-automated, “push-button” support for transition accounting in the latest release of its software-as-a-service application. As the initial 2019 deadline for the new lease accounting standards approaches, companies are beginning to focus on how they will transition their existing portfolio of operating leases to ASC 842. The ability to provide the necessary comparative reporting and financial disclosures from the Date of Initial Application through the Effective Date is one of the most complicated and important aspects of the transition. Auditors and other users of financial statements will be scrutinizing balance sheets before and after the application of the new standard to understand the impacts.
Seasoned SaaS Executive to Apply Best Practices in Accounting Change to Leasing Implementations
RESTON, Va. – September 20, 2017 — LeaseAccelerator announced today that Bevan Webster has joined the company as Vice President of Professional Services. Bevan has over a decade of experience in leading complex accounting change projects and treasury systems implementations for multinational organizations around the world. Earlier in his career, Webster played a key role in helping multinational clients transition to the new hedge accounting standards. Prior to joining LeaseAccelerator, Bevan was the Vice President of Professional Services at Reval, a leading cloud-based treasury and risk management provider.
CEO Michael Keeler to Comment on the Impacts of the New Lease Accounting Standards Beyond the Accounting Organization
Charlotte, N.C., September 13, 2017 — LeaseAccelerator announced today that its CEO, Michael Keeler, will participate in a panel at today’s ELFA Operations and Technology Conference. LeaseAccelerator will participate along with several financial institutions and software vendors in a discussion about how the new standards will impact why customers lease and what products lessors offer. Panelists will provide a point of view on the implications of ASC 842 from a sales, marketing, credit, operations and systems perspective.
Experienced Software Executive with Audit Background to Lead Support Organization
RESTON, Va. – September 7, 2017 — LeaseAccelerator announced today that Tracy Henriques has joined the company as Vice President of Customer Success. Tracy will assume responsibility for LeaseAccelerator’s multi-tiered global support team as well as the account managers that partner with customers to achieve their business goals. Prior to joining LeaseAccelerator, Tracy was the Vice President of Customer Success at Microstrategy, where she built and led the Global Customer Success team for a multi-hundred dollar million revenue base of more than 4000 enterprise and OEM customers.
Experts to Explain How to Select a Lease Accounting Application to Support the New ASC 842 and IFRS 16 Standards
RESTON, Va. – August 29, 2017 –LeaseAccelerator announced today that it will be hosting an educational webinar on lease accounting for Oracle ERP users seeking to implement a solution for ASC 842 and IFRS 16. The new lease accounting standards, introduced last year, will require companies to track real estate, equipment, and embedded leases as assets and liabilities on their balance sheets by end of 2018.
CEO Michael Keeler to Offer Best Practices on Software Selection to Comply with ASC 842 and IFRS 16
PHILADELPHIA, June 28, 2017 — LeaseAccelerator announced today that its CEO, Michael Keeler, will participate in a panel at today’s Financial Executives International (FEI) 2017 Accounting Change for Financial Leaders conference. LeaseAccelerator will participate along with major accounting firms and other software vendors in discussions focused on the selection and implementation of Enterprise Lease Accounting Software to support the new standards, ASC 842 and IFRS 16. Panelists will provide recommendations on key functional and technical specifications for the software as well as critical success factors for implementation.