The Ledger

ASC 606 project with HMH: Part 3 - How We Solved the Compliance Puzzle

Posted by Meagan Mujushi

Part three:  HMH realizes the benefits of Aptitude RevStream.

At Aptitude RevStream’s annual user conference – RevConnect 2017 – Aptitude RevStream customer Andy Nickerson, Finance Manager at Houghton Mifflin Harcourt (HMH), discussed his finance...

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Our CEO shares his thoughts with Accounting Today

Posted by Sarah Werner

Today's CFOs may be feeling a bit overwhelmed when they consider the storm of accounting regulations that is approaching. New accounting standards around leasing (ASC 842/IFRS 16), insurance contracts (ASC 942/IFRS 17), revenue recognition (ASC...

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ASC 606 Project with HMH: Part 2 - The Revenue Automation Wish List

Posted by Meagan Mujushi

Part Two: Selecting a vendor and scoping the project

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ASC 606 Project with HMH: Part 1 - Business Model Challenges

Posted by Meagan Mujushi

Part One: Assessing the business model challenges of ASC 606

At Aptitude RevStream's annual user conference - RevConnect 2017 - Aptitude RevStream customer Andy Nickerson, Finance Manager at Houghton Mifflin Harcourt (HMH), discussed his finance...

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Still Assessing the Impact of ASC 606 or IFRS 15? Read This.

Posted by Meagan Mujushi

Private companies may be under the belief that because their revenue recognition seems straightforward, ASC 606 does not impact them materially. This was certainly the way 24 Hour Fitness thought of revenue recognition compliance. “My initial...

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The Future of Finance In Insurance

Posted by Sarah Werner

Participants discussed the challenges they faced, their desire to provide strategic guidance to the business and required skill sets of the future. Common sentiments from the group included the need and desire to move away from backwards-looking...

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Leasing FAQs

Posted by Sarah Werner

Q: Can we use manual workarounds to address the new standard?

A: While a manual workaround may be possible for a company with a very low volume of leases, the complexities required by IFRS 16 / ASC 842, (notably around components, options,...

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Lease Management Systems vs. Aptitude Software Lease Accounting Engine: What’s Different?

Posted by Sarah Werner

Many organizations with significant lease portfolios have used Lease Management Systems to help manage lease renewals, payments, facilities management and other lease related tasks.  The introduction of the new leasing standard will not only...

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New leasing standard another regulatory punch for telecommunications

Posted by Sarah Werner

There are a few reasons telecommunications organizations are heavily impacted by the change to the leasing standard:

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The Changing Insurance Landscape

Posted by Sarah Werner

“There is nothing permanent except change.” This quote is attributed to Heraclitus, the Greek philosopher born in 544 BC. Those words still resonate centuries later as we face the ever changing world in which we live.

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Aptitude Software parent company, Microgen, named UK's top publicly quoted tech company by Megabuyte

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IFRS 17’s Contractual Service Margin – an actuarial or accounting issue?

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Our CEO shares his thoughts with Accounting Today

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Multinational companies could be heading for a 'leaseberg' of huge proportions

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