One of the biggest benefits for attendees will be the opportunity to gain insights from early adopters on lessons learned, best practices, and pitfalls to avoid
RESTON, Va. (PRWEB) November 01, 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.
Presentation topics at the summit will center around the key challenges Fortune 1000 companies face when transitioning to the new lease accounting standards:
- Policies and controls to support financial and SOX audits
- Business process transformation of enterprise lease management
- Collection, abstraction, and reconciliation of lease accounting data
- Practical expedients and policy elections for transition accounting
- Cross-functional collaboration between accounting, procurement, treasury, and IT
Presenters and panelists will include project leaders in the corporate controllership and treasury from Tyson Foods, Cummins, LyondellBasell, and Omnicom; management consultants from PwC, EY, RGP, and Riveron Consulting; and members of LeaseAccelerator’s Lease Accounting Technical Task Force.
What: Lease Accounting Summit 2017
Who: Fortune 1000 Corporate Controllerships (By Invitation Only)
When: Wednesday, November 15th
Where: Marriott Marquis Times Square
Fortune 1000 companies interested in participating can request more information at: http://www.leaseaccelerator.com/lease-accounting-summit-2017-inquiry
“The majority of Fortune 1000 companies are gearing up for a 2018 implementation of the new lease accounting standards. With the deadline rapidly approaching, controllers and project teams do not have time to climb the traditional learning curve,” said Michael Keeler, CEO of LeaseAccelerator. “One of the biggest benefits for attendees will be the opportunity to gain insights from early adopters on lessons learned, best practices, and pitfalls to avoid. It’s an opportunity to learn from peers how to de-risk your projects and ease your transition.”
LeaseAccelerator offers the market-leading SaaS solution for Enterprise Lease Accounting, enabling compliance with the current and new FASB and IFRS standards. Using LeaseAccelerator’s proprietary Global Lease Accounting Engine, customers can apply the new standards to all categories of leases including real estate, fleet, IT, and other equipment at an asset-level. On average, LeaseAccelerator’s Lease Sourcing and Management applications generate savings of 17 percent on equipment leasing costs with smarter procurement and end-of-term management. Learn more at http://www.leaseaccelerator.com/.