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CHICAGO – (April 1, 2021) – RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and consulting services focused on the middle market – has teamed up with LeaseQuery, a leading provider of purpose-built lease accounting software, to create an innovative solution, RSM Lease Accounting, to help middle market business leaders comply with new and changing lease requirements.
One unique aspect of RSM’s lease accounting solution is that it is self-service. Clients can easily sign up with a credit card, skipping what can sometimes be cumbersome and/or time-consuming activities related to creating a scope-of-work. The solution is easy and economical, and yet supported by a national firm with 87 offices in the U.S. and Canada, and access to resources in 120 countries around the world.
“RSM’s lease accounting offering is unique in that it enables us to help solve for organizations that might have smaller lease portfolios but still need to report on ASC 842, which requires all long term leases to be recorded on a balance sheet,” said Daniel Beil, partner with RSM US LLP. “There isn’t another solution out there that will do what we can for middle market businesses with up to 20 leases, particularly for the price. RSM also offers other valuable compliance services to help these businesses (which are often large enough to have to comply with various regulations, but small enough to not have the resources in-house) comply with evolving regulatory requirements. We can often serve as a one-stop-shop for these businesses.”
Data integrity is another key benefit of RSM’s innovative lease accounting solution, which makes broken formulas within Excel and bad data entry things of the past.
To learn more about RSM Lease Accounting, visit our website.
LeaseQuery is an accounting technology company built by accountants for accountants. More than 10,000 finance professionals globally rely on LeaseQuery’s cloud-based platform for accounting compliance, financial decision-making, data centralization, lease management and lease accounting. Learn more about LeaseQuery’s core lease accounting product focused on easing the mandatory transition to ASC 842, GASB 87 and IFRS 16, or explore additional accounting tools. For more information, visit LeaseQuery.com.
RSM is the leading provider of professional services to the middle market. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business landscape. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential.
RSM US LLP is the U.S. member of RSM International, a global network of independent assurance, tax and consulting firms with 57,000 people in 120 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.
RSM US LLP is a limited liability partnership and the U.S. member firm of RSM International, a global network of independent assurance, tax, and consulting firms. The member firms of RSM International collaborate to provide services to global clients, but are separate and distinct legal entities that cannot obligate each other. Each member firm is responsible only for its own acts and omissions, and not those of any other party. Visit rsmus.com/about for more information regarding RSM US LLP and RSM International.
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