We’re thrilled to welcome Larry Lazerwitz to the Leasecake family as our new Vice President of Lease Accounting! With an impressive career spanning over 35 years, Larry is a CPA who brings deep expertise in accounting, advisory services, and real estate consulting, particularly focused on the FASB Topic 842 and IFRS-16 lease accounting standards. Reporting directly to our CEO, Larry will now oversee our talented lease accounting team and drive exciting new developments for Leasecake’s Lease Accounting module.
Larry’s background speaks for itself. Most recently, he served as a CAAS Engagement Director at CliftonLarsonAllen LLP, where he led a team managing lease accounting for over 250 clients with more than 9,000 agreements. During his tenure, Larry implemented a project management solution that streamlined client workflows and ensured seamless compliance, boosting efficiency and accuracy across engagements.
Before his time at CliftonLarsonAllen, Larry served as Product Developer and Director of Technical Accounting at ProLease (MRI Software), where he played a pivotal role in developing the lease administration and accounting software. Prior to that, Larry spent 20 years in Commercial Real Estate.
At Leasecake, Larry’s hands-on experience will be invaluable as he collaborates with our Product Development and Customer Success teams. His expertise in lease accounting standards and his practical approach to solving complex accounting scenarios will drive our mission to provide best-in-class solutions for our customers.
Lease accounting is a cornerstone for financial compliance and operational efficiency for any business with leased assets, from office spaces to equipment. Recent standards, including ASC 842 and IFRS 16, require companies to report lease obligations more transparently, impacting balance sheets and financial disclosures. Proper lease accounting isn’t just about meeting compliance standards—it’s a strategic advantage that gives companies a clearer view of their financial commitments and long-term planning opportunities. Mistakes or delays in this process can lead to costly penalties, inaccurate financial reporting, and missed strategic opportunities.
Leasecake’s platform is designed to simplify lease accounting, offering an intuitive solution for managing lease data and critical dates, generating accurate reports, and providing real-time visibility into lease obligations. By automating key aspects of lease management, Leasecake enables companies to stay compliant and efficient, freeing their teams from manual, error-prone processes. Under Larry’s leadership, we’re excited to further strengthen our platform’s lease accounting capabilities, making it even easier for our customers to navigate compliance and optimize their lease portfolios.
Please join us in giving a warm welcome to Larry—our newest leader and a fantastic addition to the Leasecake team!
