LeaseCrunch partners with Moore Stephens North America through Strategic Partner Program

Apr 4, 2019 10:00:00 AM / by LeaseCrunch® posted in LeaseCrunch®, New Lease Standard, CPA Firms, Technology

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Provides expanded distribution channel for LeaseCrunch® software to over 40 firms with more than 150 offices and nearly 7,000 professionals 

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In the News: New lease accounting standard will hit almost every company’s balance sheet

Mar 11, 2019 9:48:46 AM / by LeaseCrunch® posted in LeaseCrunch®, FASB, New Lease Standard

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LeaseCrunch® and CEO Ane Ohm were recently featured in a Milwaukee BizTimes articles about the new lease accounting standard.

Find the full article here or read below.

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AccountLease™ selects LeaseCrunch® as software platform for healthcare engagements

Feb 28, 2019 9:47:14 AM / by LeaseCrunch® posted in LeaseCrunch®, FASB, New Lease Standard

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AccountLease is a strategic alliance between CPA firm Swenson Advisors and Cresa San Diego

 

MILWAUKEE, February 28, 2019 – LeaseCrunch®, the only lease accounting software made by former CPA firm auditors for CPA firm auditors, today announced that AccountLease will use their software platform to serve clients.

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Accounting Today names LeaseCrunch® as one of the top new products of 2019

Feb 21, 2019 4:19:27 PM / by LeaseCrunch® posted in LeaseCrunch®, New Lease Standard, CPA Firms

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MILWAUKEE, February 21, 2019 – LeaseCrunch, the only lease accounting software made by former CPA firm auditors for CPA firm auditors, was named one of the top new products of 2019 by Accounting Today.

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CPA Firms Claim Potential Bank Loan Violations are Top of Mind for Clients

Jan 3, 2019 4:26:21 PM / by LeaseCrunch® posted in LeaseCrunch®, New Lease Standard, CPA Firms

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69% of the auditors said that their clients have raised the issue of potentially violating bank loan covenants

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Accounting Academic/Former FASB Project Manager Discusses New Lease Accounting Standard

Dec 21, 2018 1:26:14 PM / by LeaseCrunch® posted in LeaseCrunch®, FASB, New Lease Standard

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Using practical expedients, determining the lease term, assessing your discount rate, lease renewals and previously capitalized balances

MILWAUKEE, December 19, 2018 – John Hepp, retired Grant Thornton partner, former FASB project manager and current accounting faculty member at University of Illinois at Urbana-Champaign, discusses several nuances of the new lease accounting standard, from practical expedients (“the spoonful of sugar to help the medicine go down”) to discount rates and much more, in a new LeaseCrunch® blog posting.  Topics covered:

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What Major Change in Lease Accounting Means for Banks

Dec 13, 2018 2:32:19 PM / by LeaseCrunch® posted in LeaseCrunch®, FASB, New Lease Standard, CPA Firms

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Banks are bracing for the impact — on two fronts — of a new federal rule that will change how companies account for the cost of leasing everything from equipment to automobiles to space in office buildings or shopping centers.

Read about what our very own CEO, Ane Ohm, said about the change.

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LeaseCrunch® Survey of Auditors at 77 US CPA Firms

Nov 2, 2018 2:51:38 PM / by LeaseCrunch® posted in LeaseCrunch®, New Lease Standard, CPA Firms

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MILWAUKEE, November 2, 2018 – In a survey of auditors at 77 US CPA firms conducted by LeaseCrunch®, 58% believe that the new recognition of a lease obligation will adversely affect loan covenants for their clients.

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Auditors See Challenges in New Leasing Standard

Nov 1, 2018 2:45:00 PM / by LeaseCrunch® posted in LeaseCrunch®, New Lease Standard, Auditing

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The new lease accounting standard that takes effect for public companies next year poses obstacles for the audit firms that have begun implementing it for their clients.

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LeaseCrunch in the News: LeaseCrunch Partners with CPA Firms on Lease Accounting Software

May 21, 2018 3:35:24 PM / by LeaseCrunch® posted in LeaseCrunch®, FASB, New Lease Standard

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A group of former CPA firm auditors has teamed up to develop LeaseCrunch, lease accounting software that they’re selling through CPA firms to help clients deal with the new FASB standard.

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