Author Archives: admin

Whitepaper: Implications of the Lease Accounting Changes to the Banking Industry

We’ve written this free whitepaper for bank executives with real-world responsibility. We’ve all seen endless hypothetical blather about the proposed lease accounting changes – but most of it is generic…for someone with a lease. So we created a fully researched and documented deep dive into the specific implications to banks. It covers topics that aren’t… Read More »

2013 Year End Review

December is a time to look back at the past year and look forward to a new year. So let’s do that with respect to the Exposure Draft regarding changes to the lease accounting being considered by the FASB and the IASB (“the Boards”). The changes were formally proposed more than three years ago and… Read More »

Aligning the numbers when comparing multiple leases during Lease Negotiation

In a previous Blog posting, we introduced our readers to the Lease Analysis component of iLeasePro, our comprehensive lease management technology solution specifically designed for lessees. We indicated that Lease Analysis is an invaluable tool that supports lease negotiations and lease reassessment by providing the user with the technology for evaluating all the financial terms… Read More »

iLeasePro Beta Version is Now Available

iLease Management LLC is pleased to announce it has released the Beta version of iLeasePro.  iLeasePro is a SaaS Lease Management and Lease Accounting solution in the Cloud specifically developed for Lessees or Tenants of Real Estate and Equipment leases.  iLeasePro has been developed by experienced real estate and accounting professionals not only to address the upcoming FASB… Read More »

ILeasePro’s Lease Analysis Capabilities

In planning the development of iLeasePro, it was particularly important that our technology users have a comprehensive technology tool that provides the ability to evaluate, manage and account for leasing transactions. That is why the Core Functionality of iLeasePro is broken down into three components that are fully integrated within one technology: Lease Analysis; Lease… Read More »

Proposed Lease Accounting Standard Changes – Key Business Considerations for Lessees

I have heard it said many times that accounting results should not drive the basic economic decisions related to business. And I generally agree with that point of view. But it is difficult to ignore completely the accounting results and business analytical metrics that result from changes in accounting treatment and certainly the changes in… Read More »

Lease Expense Classification – the Impact is Broader than You May Think

The revised Exposure Draft on proposed Lease Accounting Changes issued in May 2013 (“the Revised ED”) contains provisions on expense classification that has broader implications than may be evident initially. For Type B leases, principally leases of property (real estate), the proposed expense is classified as lease expense and the expense recognition pattern is straight-line,… Read More »