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Technology Tools: Finding the Right System for Corporate Real Estate

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Publication Date: May - 2006

Authors:  Clifford R. Fischer
Document Type: Article
Publisher: CoreNet Global
Number Of Pages: 3


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Description

The Sarbanes-Oxley Act (SOX) of 2002 has had a dramatic and initially unexpected, impact on corporate real estate (CRE) departments.
 
On Feb. 7, 2005, the SEC issued guidance on lease accounting rules that changed the landscape of corporate real estate forever. As a result, public corporations in every industry were forced overnight to produce new financial reports to compy with new regulations.

Keywords:

Sarbanes-Oxley, SOX, , accounting, technology, portfolio managment, flexibility, lease, GAAP, regulatory, compliance, standards



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