I wanted to take a moment to share with you a significant milestone in our journey together. As you may have already heard, LeaseQuery has now evolved into FinQuery, marking a new chapter in our...
Businesses are busy. With limited time and resources, and not enough people on staff, it may be time to pass the task of maintaining compliance under the lease accounting standards on to an...
1. GASB explained 2. What types of organizations report under GASB? 3. Government accounting standards 4. New GASB standards GASB 87: Lease accounting GASB 94: Accounting for public-private and...
1. Accounting for leases embedded in service contracts 2. Are software licenses considered service contracts under ASC 842, IFRS 16, or GASB 87? 3. Accounting for software as a service contracts –...
In 2017, the Governmental Accounting Standards Board released GASB 87, the new lease accounting standard for government entities. Government agencies must begin applying the new guidance for all...
1. Excel accounting formulas and functions Common functions for accountants 2. Excel accounting practices Our favorite Excel shortcuts Understand the Excel accounting number format 3. Free Excel...
In a year when the ability to succeed is dependent on keeping up with demand, preparing for the inevitable, and adapting to change, LeaseQuery put together a conference like no other in the...
1. See the landlord’s perspective 2. Know the full value of your lease 3. Use data to identify which leases to negotiate 4. Approach with a solution in mind 5. Collaborate across departments 6....
1. Capital budgeting in corporate finance 2. Capital budgeting methods 3. Finance and accounting tools ERP Fixed asset systems Lease accounting systems Lease administration systems Lease vs. buy...
1. Lease accounting compliance is crucial for your organization Understand the lease accounting standards Utilize your resources Gather a full scope of your leases Look out for errors within your...
When the FASB’s changes to lease accounting standards were released in 2016, it was hailed as one of the biggest changes to accounting in decades. After the implementation of the new rules began in...
1. Complying with the new standards is a headache – especially in Excel 2. Investing in technology can prevent non-compliance Listen to your peers Evaluate the software’s features Analyze your...
We’ve all heard the way that organizations buy and use software is changing. The rise of Software as a Service (SaaS) has empowered many business users to find, choose, and implement software...
Lease abandonment from the lessee’s perspective means precisely that the lessee is still paying for an asset they are no longer using. While the asset has in fact been abandoned by its initial...
Transitioning to ASC 842, IFRS 16, or GASB 87 is a monumental undertaking. No matter which standard you’re transitioning to, you’re probably already having nightmares about numbers and spreadsheets....
Many people think that Q1 is the busiest time of the year for accountants. They assume that because it’s tax season, accountants are only stressed between January and April. While it's true that...
Jennifer Booth, our VP of Accounting, has nearly 20 years of experience in her field. She spent the majority of her career at EY before joining the LeaseQuery team last December. She wanted to...
Industry statistics show the overwhelming majority of tenants will overpay their landlord during the course of a property lease or rental. While no one wants to spend money they don’t have to, here...
