ProLease announced that Tony Famularo, CPA has joined the team as Managing Director, Technical Accounting. Tony Famularo has been a technical accounting leader for over 30 years and will be a key figure in advising best practices for ProLease clients as they implement ProLease and adopt the new FASB and IASB Lease Accounting Standard.
“Tony will be a great addition to our team. His background in technical accounting will provide valuable insight and guidance to our development team,” said Alan Bushell, Co-Founder of ProLease. “He will also provide immediate benefits for our customers.”
Famularo worked as a Senior Manager in Technical Accounting at Sony Electronics, Inc. for over 20 years providing technical accounting guidance and training, while establishing accounting policy to finance and accounting personnel in the United States, Canada, and Europe. At Sony, he provided technical accounting support and worked as the knowledge leader on projects such as the new revenue standard and the new lease accounting standard. Additionally, Famularo worked at Ernst & Young as a Senior Auditor, planning and running audit engagements, including reviews of internal controls. Throughout his career, he has defined himself as a technical accounting leader through his insightful guidance and strong analytical abilities.
Famularo's technical accounting experience will provide ProLease with the necessary guidance to continue to expand and upgrade the functionality of our Lease Accounting software. He will play an important role in the developmental aspect of the software and will provide valuable guidance to ProLease customers as they adopt and implement the new lease accounting standard.
Founded in 1992, ProLease is a leading SaaS provider of integrated Lease Administration and Lease Accounting software, supporting Real Estate and Equipment leases. Over the past eight years, ProLease has developed comprehensive functionality for its customers to comply with the new FASB-IASB lease accounting guidelines (ASC 842 – IFRS 16). Today, ProLease has over 700 active customers globally, including many Fortune 500 corporations.