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Bramasol Leasing Administration Team


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General Availability for New Version 4.0 of SAP Lease Administration by Nakisa

Tue, May 29, 2018 @ 07:29 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, ASC842, SAPLeaseAdmin, IFRS16

Nakisa, Bramasol's partner for leasing solutions, has announced general availability of the new 4.0 version of Lease Administration by Nakisa.

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New Rapid Compliance Solution for Lease Accounting Standards ASC 842 and IFRS 16

Tue, May 15, 2018 @ 12:00 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, ASC842, SAPLeaseAdmin, IFRS16, RLCS

Bramasol, the leader in compliance and finance innovation solutions, has announced a new, purpose-built product that reduces complexity and implementation costs, to give companies across a variety of industries a ready-to-deploy solution for lease accounting disclosure reporting and compliance.

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Join SAP Leasing User Group Meeting at EXXON, May 3, 2018

Mon, Apr 30, 2018 @ 11:11 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips, SAPLeaseAdmin

SAP Leasing User Group

Hosted by ExxonMobil
(Options for In-person or Online Attendance)

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Watch how Bramasol helped a Leading Multinational Retail Giant comply with Leasing Standards ASC 842 and IFRS 16

Thu, Apr 5, 2018 @ 05:50 AM / by Bramasol Leasing Administration Team posted in ASC842, SAPLeaseAdmin, IFRS16, Leasing Solution

The customer is a Leading Global Organization and Multinational Retailing Corporation with annual revenues in excess of US$480 billion and which is one of the largest private employer in the world with over 2 million employees. As an international company, our customer is impacted by the new lease regulations ASC842 and IFRS16 that will take effect from January 2019.

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IFRS 16 Leases: Complying with the New Standard - Don't Wait to Get Started

Mon, Apr 2, 2018 @ 09:04 AM / by Bramasol Leasing Administration Team

A recent article in Accountancy Daily looks at the important challenges that companies are facing as they prepare for implementation of new lease accounting standard, IFRS 16.  

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Companies Brace To Put Leases On Balance Sheets

Mon, Mar 12, 2018 @ 04:17 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips

This recent article in Global Finance provides an excellent overview of challenges facing companies regarding compliance with new Lease Accounting standards, ASC 842 & IFRS 16, "Companies Brace to Put Leases on Balance Sheet".

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FASB Update to ASC 842 Provides Relief on Easements and Rights of Way Accounting Methods

Sun, Feb 18, 2018 @ 05:25 PM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips

As the January 2019 deadline for implementing new lease accounting standards (ASC 842 and IFRS 16) approaches, FASB has been addressing a number of issues that arise with regard to transitioning from current regulatory practices to the new standards. 

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Video: New Lease Accounting Standards Get Ready for Compliance

Wed, Jan 31, 2018 @ 06:12 AM / by Bramasol Leasing Administration Team posted in leasing

Issued by the IASB (International Accounting Standards Board), IFRS 16 & ASC 842 lease accounting requirements go into effect starting on January 1, 2019. The new standards require extensive reporting detail and have the potential for major impact on companies' balance sheets and income statements. Industry experts advise companies with large lease portfolios to allow significant time in advance of the deadline to identify, compile, and evaluate lease contracts.

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FASB Proposes Improvements to Lease Standard Implementation

Mon, Jan 8, 2018 @ 05:07 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips

On January 5, 2018, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) regarding the new lease accounting standard ASC 842.

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SEC Office of Chief Accountant Urges Careful Planning for Implementing ASC 842 Lease Standard

Mon, Jan 1, 2018 @ 06:44 AM / by Bramasol Leasing Administration Team posted in Leasing-Hot-Tips

With arrival of 2018, many companies are now shifting into a higher gear toward implementation of the new lease accounting standards, ASC 842 and IFRS 16. 

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