EBUSINESS STRATEGIES Announces New Client: Telephone and Data Systems, Inc.

Press Release Date: 
July 15, 2016

Houston, TX – EBUSINESS STRATEGIES (EBIZ), a consulting firm providing Corporate Real Estate and Workplace Management services, announced today the signing of their new client, Telephone and Data Systems, Inc. (TDS).  EBUSINESS STRATEGIES will provide consulting services to ensure TDS’ lease accounting data complies with the upcoming Financial Accounting Standards Board (FASB) lease accounting standards. 

Earlier this year, FASB issued an Accounting Standards Update (ASU) which was intended to improve financial reporting about leasing transactions. The ASU affects all companies and other organizations that lease assets such as real estate and equipment.

 “FASB is fast approaching and we are excited that TDS has recognized the urgency to comply with the upcoming FASB regulations.  Now is the time to start taking action in order to have a two year look back period when it takes effect in 2019,” said Phil Wales, President and CEO of EBUSINESS STRATEGIES.

For more information about EBUSINESS STRATEGIES, visit askEBIZ.com.

 

Telephone and Data Systems, Inc., provides wireless products and services; cable and wireline broadband, TV and voice services; and hosted and managed services to approximately 6 million customers nationwide. TDS’ mission is to provide outstanding communications services to customers and meet the needs of shareholders, people and communities. The TDS companies share a strong commitment to customer satisfaction. TDS satisfies customers by offering the highest-quality services and products and excellent customer support.

EBUSINESS STRATEGIES, is a business consulting practice dedicated to helping clients plan for and implement enterprise-level technical and business solutions for corporate real estate and facilities. We bring a unique blend of business, process and industry expertise, and change management expertise to each of our projects. Our services provide decision-makers with efficient access to the critical data that supports strategic and tactical decisions. Driving our work with clients is our belief that a successful Corporate Real Estate organization must be focused on an intelligent business strategy that addresses the organization’s true business requirements. EBUSINESS STRATEGIES provides best-practices-driven services in support of CRE•WM. 

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