Mastering Aviation Lease Analysis

In the ever-evolving skies of the aviation industry, airline leasing stands out as a critical component that powers many carriers worldwide. But what goes into understanding the intricacies of airline leases, and how can businesses optimize this to their advantage? As airlines aim to reduce capital expenditure and maintain fleet flexibility, a deep dive into... Continue Reading →

Mastering Oil & Gas Lease Analysis

Delving into the vast domain of oil and gas? For many stakeholders, securing the right oil and gas leases forms the bedrock of exploration and production activities. But acquiring these resources isn't just about staking a claim on a piece of land. Oil and gas leasing requires meticulous analysis to ensure profitability and compliance. If... Continue Reading →

Mastering Fleet Vehicle Lease Analysis

Steering the course of fleet vehicle leasing? For many corporations, a reliable fleet is the lifeblood of daily operations, ensuring timely deliveries, efficient service calls, or simply transporting personnel. Direct ownership might not always be the most economical or practical solution. Fleet vehicle leasing emerges as a beacon of flexibility and cost efficiency. To navigate... Continue Reading →

Mastering Equipment Lease Analysis

Venturing into the realm of equipment leasing? As a business owner, having the right equipment can be the linchpin for operational success. Yet, acquiring that equipment doesn't always mean purchasing it outright. Leasing can be a cost-effective and flexible solution. To make the most of this option, understanding the basics of equipment lease analysis is... Continue Reading →

Mastering Commercial Lease Analysis

Welcome to the bustling world of commercial real estate! If you're a business owner looking to rent a commercial space, understanding the intricacies of commercial lease analysis is paramount. As with any major business decision, knowledge is power. This beginner-friendly guide aims to demystify the world of commercial leasing, ensuring you're well-prepared to navigate this... Continue Reading →

Calculating Rent Expense Under the ASC 842. Use 365 day or 360 day basis?

The ASC 842 Lease Accounting Standard, implemented by the Financial Accounting Standards Board (FASB), brought about significant changes to how companies recognize, measure, and present lease transactions in their financial statements. One of the critical aspects of lease accounting is determining the accurate expense associated with a lease, especially for operating leases. iLeasePro calculates on... Continue Reading →

Implementing Agile Thinking in the Accounting Processes

Reduce costs and improve efficiency and effectiveness within your organization's accounting processes by employing Agile Thinking.  Have you given Agile any thought?  You MUST!  To assist you in understanding this concept in depth, we've put together a collection of articles on our blog site for iLeasePro. These resources not only discuss Agile accounting but also... Continue Reading →

Fostering Excellence: Building a Culture of Continuous Improvement Within Your Accounting Department

In the ever-evolving world of finance and accounting, the pursuit of excellence and efficiency is a constant endeavor. Building a culture of continuous improvement within your accounting department is the key to staying ahead in today's dynamic business landscape. In this blog post, we will explore the importance of cultivating a culture of continuous improvement,... Continue Reading →

Delivering Value & Driving Success: Agile Customer Satisfaction

In the world of Agile, customer satisfaction plays a pivotal role in delivering value and driving continuous improvement. While Agile methodologies originated in the software development realm, measuring customer satisfaction is applicable across various domains, including project management, marketing, and certainly, accounting. In this blog post, we will explore how Agile customer satisfaction can be... Continue Reading →

How to Measure for Success: Agile Metrics for Accounting

Transitioning to agile methodologies in your accounting department is a transformative journey that can revolutionize your financial reporting processes. As you embrace the principles of agility and foster a culture of continuous improvement, it becomes essential to measure the success of your agile transition. In this blog post, we will explore key agile metrics for... Continue Reading →

Overcoming Challenges in the Transition to Agile: A Guide for Accounting Departments

The world of business is evolving rapidly, and the agile methodology - originally conceived for software development - has permeated various sectors, including accounting. Agile promises increased adaptability, faster solutions, and better stakeholder engagement. However, the shift from traditional waterfall methods to agile can be challenging. Let's explore some of these challenges and strategies to... Continue Reading →

Enhancing Efficiency & Accuracy in Month-End Close: Agile Tools and Techniques for Accounting

The month-end close process in accounting is a critical undertaking that requires precision, collaboration, and a keen eye for detail. Traditional month-end close procedures often involve lengthy and manual tasks, leaving room for errors and delays. We understand the significance of optimizing processes, and that's where Agile tools and techniques come into play. Agile methodologies,... Continue Reading →

Implementing Agile in the Accounting Process: Streamlining Workflows and Boosting Productivity

In today's dynamic business landscape, organizations across industries are embracing agile methodologies to enhance efficiency, collaboration, and productivity. While agile principles have traditionally been associated with software development and project management, they can also bring significant benefits to the accounting department. By adopting agile thinking, accounting teams can streamline processes, adapt to changing requirements, and... Continue Reading →

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