SYDNEY– September 30, 2019 – LeaseAccelerator, the pioneer in the Enterprise Lease Accounting software market, will convene the east coast business community to discuss the next wave of opportunity following the implementation of AASB 16 lease accounting standards.

LeaseAccelerator’s head of lease accounting John Kuett will discuss the international experience of companies who have used IFRS 16 (the international standard upon which AASB 16 is based) as an opportunity to gain competitive advantage.

Mr Kuett has been a financial reporting specialist for more than 20 years, with experience spanning the US and EMEA. Mr Kuett joins local experts from Deloitte to discuss the new standards, along with panellists involved in the implementation of the new standards from leading Australian organisations including Boral, Aurecon, and CBRE.

“AASB 16 was imposed upon the industry and it’s definitely been a painful process for many,” he said. “Now the first milestone has been met, smart companies are figuring out how to turn the work they’ve done into an advantage. I’m looking forward to sharing the experience of our international partners who have successfully achieved this.”

The events, AASB 16: An opportunity to Remediate, Optimise and Innovate: Lessons learned in lease accounting following the first reporting period will run next month. Details are:

Sydney event:
Monday October 28th, 12-2pm, Deloitte offices, Sydney.

More information and registration here: https://explore.leaseaccelerator.com/aasb-16-an-opportunity-to-remediate-optimise-and-innovate-sydney/

Melbourne event:
Tuesday October 29th, 8-9am, Deloitte offices, Melbourne.

More information and registration here: https://explore.leaseaccelerator.com/aasb-16-an-opportunity-to-remediate-optimise-and-innovate-melbourne/

About LeaseAccelerator:
LeaseAccelerator offers the market-leading software-as-a-service (SaaS) for Enterprise Lease Accounting, proven to be the simplest, fastest and easiest path to compliance with the new FASB and IFRS standards. Using LeaseAccelerator’s unique Global Lease Accounting Engine, customers can apply the new standards to all types of leases – real estate, equipment and embedded – at the asset level as specified by FASB and IASB. The company’s ecosystem of certified, global partners offers a variety of guaranteed turn-key solutions. On average, the firm’s Sourcing and Management applications drive savings of 17 percent with smarter procurement and end-of-term management – compliance plus ROI. Visit http://www.leaseaccelerator.com/

For more information and interviews with John Kuett:
Kay Hartman, The Continuum Partners
khartman@thecontinuumpartners.com / +61 419 238 019