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The Blog

Category Archives: Accounting

Lease Audit

Lease Audit is a broad topic that means different things to different people. In most cases Lease Audit is associated with auditing Operating Expenses (“OE”). OE reconcilliations are an annual ritual in which the Tenant scrutinizes the Landlord’s numbers for … Read the rest of this entry

Filed in Accounting, Clients, Consulting, Facility Administration, Finance, Financial Statements, Lease, Lease Administration, Operating Expenses, Real Estate, Tenant | Comment Now

Audit Operating Expenses

Auditing Operating Expenses (O.E.) is like going to the Dentist without Novocaine. That’s because the audit process is typically arduous, confusing, convoluted and time consuming. On the other hand, done successfully, an audit can uncover mistakes & errors, over-billing, duplicate … Read the rest of this entry

Filed in Accounting, Expert, Facility Administration, Finance, Lease, Lease Administration, Operating Expenses, Real Estate | Comment Now

What effect will Capital Lease Accounting have on Tenants?

As if Tenants didn’t have enough things to worry about, soon they will have a new accounting regulation with which to comply. This is known as Capital Lease Accounting. This regulation will not affect leases per se, but it will … Read the rest of this entry

Filed in Accounting, Financial Statements, Lease, Tenant | Comment Now