Solving Your Lease Accounting Needs

For more than 8 years, the Financial Accounting Standards Board (FASB) has been working with the International Accounting Standards Board (IASB) to prepare a comprehensive revision to the standard for lease accounting. After two exposure drafts and countless meetings, the boards are finally nearing completion, with a final standard expected later this year. Dilutive effect on financial ratios

The proposed new standard calls for putting all leases, including those currently treated as operating, on the balance sheet. The impact for many companies will be material. Some companies face a doubling in their reported liabilities and assets, with a dilutive effect on financial ratios.

Are You Ready?
Existing spreadsheets designed for operating leases will no longer provide the required calculations. Rather than spend hours playing with the formulas hoping that you get the calculations right, choose the tested and reliable solution: EZ13™ Lease Accounting software.
Reliability Computer Key
Since 1975, Financial Computer Systems has been providing lease accounting software and services to corporations and organizations throughout the United States and Canada. We know lease accounting inside and out.

EZ13 is a simple to use but comprehensive solution to accounting for all types of operating and capital leases, both for lessees and lessors. Clients ranging from Fortune 500 corporations to solo CPA firms have come to rely on EZ13 for fast, accurate results, accepted by auditors from all of the Big Four.
Don't Reinvent the Wheel Reinventing the Wheel
 
Don't get caught without a solution to the new lease accounting standard. Count on EZ13 to eliminate the headaches and get the job done.

Receive a Demo or Try It Out
Get started today by scheduling a free online demonstration of the program or downloading a trial version to test out before making a purchase.
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Our Lease Accounting Blog

Visit our BLOG for more information about the proposed new lease accounting standard.

Visit our website for more specific details about EZ13  and our companion software for  asset retirement obligations (AROs) or call us at (203) 761-7915.

Sincerely,
 
George Hill  
Marketing Director
(203) 761-7915  
aghill@ez13.com
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on what's happening in lease accounting




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