If you are using spreadsheets to maintain your leases, you know what a pain those spreadsheets can be. They are error-prone, difficult to adjust, and can even increase risk. Or, as one audit partner excellently put it to me recently,…
If you are using spreadsheets to maintain your leases, you know what a pain those spreadsheets can be. They are error-prone, difficult to adjust, and can even increase risk. Or, as one audit partner excellently put it to me recently,…
ProNexus Lease Accounting Software Demo Why Using Spreadsheets Can Be Risky Webinar Date: Tuesday, June 22nd Time: 11 AM – Noon Register Now Not only is using Excel a risky method, but it can also be incredibly time consuming when…
The New Lease Accounting Standard Checklist: How to Identify Embedded Leases While embedded leases are not a new concept in accounting, they are now receiving a lot more attention. In the past, operating leases weren’t recorded on the balance sheet,…
Public Knowledge, Private Lessons: Implementing & Maintaining the New Lease Accounting Standard (ASC 842) Public companies have had to comply with the new lease accounting standard since the beginning of 2019. Analysis of their preparation successes and challenges provides critical…
When it was time for public companies to implement the new lease accounting standard, many opted for a tool they already know: spreadsheets. Similar to the prior lease accounting standard, they figured this…
ProNexus provides cost-effective accountants to assist with year-end close & CPA firm readiness to help you avoid unnecessary delays & costly overruns from your CPA firm and tax preparer. Let us help you ensure a successful year-end close so that…
Introduction The new lease standard (ASC 842 and GASB 87 in the U.S. and IFRS 16 internationally) is intended to account for all lease obligations on financial statements, rather than excluding operating leases as has been the standard. This change…
When growing a business, the importance of keeping accurate and up-to-date financial records is imperative. Having strong accounting data indicates where a business is coming from and where it is headed. Without strong data, many small businesses end up in…
Through the Social Impact program, NetSuite provides a suite of cloud software built for nonprofits of all sizes to improve operations and grow their mission. The three pillars of the program ensure that all nonprofits globally are able to successfully…
Many fast-growing companies are using QuickBooks for basic accounting and bookkeeping. This is leading to frustrating manual processes and as they grow, they see an increased risk of errors, bottlenecks and inhibited growth. How do you know when it’s time…
Small and midsize businesses are working harder than ever to reduce their overhead expenses without negatively affecting overall efficiency. As the economic landscape continues to shift, an opportunity has arisen for many businesses who have previously been hesitant to consider…
Enables Accurate, Reliable Cross-Functional Data Sharing Answering to charity watchdog agencies that demand low administrative ratios and nonprofit management advocates that recommend full cost transparency, nonprofit associations often find themselves in the position of having to dispel the “overhead myth.”…
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