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AMTdirect Insights Blog

AMTdirect Insights Blog

Amber Bigler Newman

Recent Posts

A FASB 842 Compliance Match Made in Heaven: AMTdirect & RSM

Posted on 6/20/18 1:01 PM by Amber Bigler Newman in FASB, in Partners, in RSM

The prospect of tackling the FASB ASC 842 lease accounting changes can be terrifying...

Everything about how you report on leases is changing.

You don’t have much time to implement it.

And the consequences are severe.

To help alleviate their compliance fears, many companies are turning to software and technology companies to help them smoothly and accurately get these changes made.

After all, who wouldn’t want a team of experts at their back showing them exactly what they need to do to comply?

That’s exactly why we’ve teamed up with RSMIt’s a partnership that provides our customers with a seamless path to compliance with the lease accounting and reporting requirements.

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Should You Trust Lease Accounting Implementation to the Lowest Bidder?

Posted on 5/25/18 12:35 PM by Amber Bigler Newman

The new FASB ASC 842 and IFRS 16 lease accounting mandates constitute a significant challenge for mid-sized organizations. They require a level of scrutiny on real estate and equipment leases that has never been seen before.   While most retailers already have all of the data necessary for compliance in a digital system, most other organizations may be starting from scratch when it comes to lease compliance.

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Angels & Sparrows Gather & Give Gala

Posted on 5/8/18 6:41 PM by Amber Bigler Newman in AMTdirect Team

Since 2007, the Angels and Sparrows Soup Kitchen has been working to fight hunger in Huntersville and adjacent towns of Cornelius (our headquarters) and Davidson as well as in the North Mecklenburg County unincorporated areas. AMTdirect has been a long time supporter of the organization, making space for our employees to volunteer to help the organization provide a nourishing lunch, Monday through Friday 11am-1pm, year-round to anyone who needs help.

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New Seasons Market Joins the AMTdirect Community

Posted on 4/24/18 2:10 PM by Amber Bigler Newman in FASB, in Customers

AMTdirect is proud to announce that we have been selected by New Seasons Market as their new lease administration and accounting solution.

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Polaris Selects AMTdirect

Posted on 4/4/18 6:40 PM by Amber Bigler Newman in Customers

AMTdirect is excited to announce that Polaris Industries has decided to join the AMTdirect community. The AMTdirect solution will help Polaris manage all of its leased assets and be prepared for new lease accounting requirements that go into place next year.

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Developing a Budget for Lease Accounting Compliance

Posted on 2/28/18 12:00 AM by Amber Bigler Newman in Real Estate Accounting, in FASB, in Lease Accounting

A key component of complying with the new FASB 842 and IFRS 16 lease accounting standards will require investment. An overwhelming majority (92 percent) of respondents from The Great Accounting Challenge: KPMG’s 2016 Accounting Change Survey believe they will need to upgrade their lease accounting system or invest in new technology as a result of the new lease accounting guidelines. In addition, 77 percent say that technology upgrades will be the most challenging part of compliance.

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