Financial Computer Systems

Solving your lease accounting needs

EZ13^TM is the solution to lease accounting for lessees and lessors.

Find out more or get the free trial download.

A second Exposure Draft for a new lease accounting standard is coming soon.

The FASB and IASB are preparing for the most significant changes to lease accounting in 35 years, which among other things will require capitalizing all leases (i.e., reporting them on the balance sheet as an asset and liability). Please visit our Lease Accounting blog for the latest information, and see our prior updates from 2006, 2007, 2008, & 2010 for overviews of the stages of the process. See also a February 2008 Chain Store Age magazine article on the impact of the revision on retailers.

EZ13 is your solution for lease accounting, now and in the future.

Newly released: Asset Retirement Obligation module for EZ13. Track AROs along with your leases!

Leasing is an over $200 billion a year industry in the United States, with countless billions more in business worldwide. Follow the links to discover why people lease, what people lease, what the accounting rules are, a glossary of common leasing terms, and how FCS can help you meet the regulations.

EZ13 is a product of Financial Computer Systems, Inc.

Our Family Computer Services division provides computer installation, upgrades, and training at your location for homes, home offices, and small businesses in the Fairfield County (Stamford/ Norwalk/ Danbury), CT, area.