Over the past 2 years, Crowe has helped both private and public companies work through a myriad of issues when implementing the new lease accounting standards under FASB ASC 842 and IFRS 16. Whether your company has already created a plan to address these changes or you are just beginning to grasp what the changes …
New Lease Accounting Standards: 10 Lessons Learned Read More »
After completing my Ironman70.3, I had a brief conversation with my training coach. She guided me over the past 6-7 months from a weekend warrior cyclist and an irregular runner to a Triathlete who completed a 1.2 Mile Swim, 56 Mile Bike Ride, and a 13.1 Mile run in 6:21 hours according to plan, or …
What do Ironman Triathlons & ERP Implementations Have in Common? Read More »
Make way for the future with Cloud Migration By now, we all know the benefits of a cloud-based ERP system – no in-house hardware, flexible subscriptions, integrated reporting, and so on. Microsoft is heavily investing in the ease and functionality of their cloud-based system, and many companies are already experiencing the transformative benefits of the …
Ready to Migrate to the Cloud? 3 Questions to Ask Before Getting Started. Read More »
IoT is Here to Stay Crowe recently completed an IoT and ERP project with Motis that provides the ability to read data from their machines receive alerts and maintenance updates and share some specific machine data with others in the cloud. Our solution involved adding sensors to a few “dumb machines” and connecting them to …
Lease Accounting Standards Are Changing. As you are probably aware, new leasing standards about to go into place. These standards are known as ASC 842 and IFRS 16, which require companies to place leases on the balance sheet. This includes a right of use asset and a lease liability. In addition, the lease expense will be made …
Will my fixed asset module work for ASC 842 & IFRS 16? Read More »
