March 14, 2011
Lease Administration expert, David Wells (formerly of Tequilla Software maker of RetaiLease) discusses the under appreciated Lease Administrator
The CFO walked brusquely into the conference room where I was doing a demo. He was wearing baggy shorts, sandals, and a navy hoodie that covered up a red t-shirt that was, as mom used to say, a wee bit too long. He sat down and began to take in my ‘performance’. About six minutes later he stood up to leave at which point one of the attendees interrupted me (politely) and asked the CFO what he thought so far. (more…)
Tags: lease admin software, Lease Administration software, lease administrator :: No Comments »
February 21, 2011
Lease Administration expert, David Wells (formerly of Tequilla Software maker of RetaiLease) discusses the practical implications associated with the FASB Changes and technology that support it.
The fact that the Financial Standards accounting board is changing the rules again does not seem to surprise many people. The bulk of concern surrounding these rule changes focuses on the inclusion of renewal options and percentage rent (for a more detailed explanation, please see Jim Duport’s article of Sept 20). I’ve read a great deal of how these changes are going to affect the corporate balance sheet, but I have not read much about how the changes are going to affect the practical working life of lease administrators and their supervisors. (more…)
Tags: FASB, FASB accounting rules changes, new GAAP Accounting, Real estate accounting, Rent accounting, retailease :: No Comments »