Rent is one of the largest expenses that companies face, and it's critical to properly account for it. Under ASC 842, rent is accounted for in two different ways: accrued...
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Organizations are increasingly seeking flexible lease options, with short-term leases, leases with a maximum term of 12 months or less, becoming more popular. Lease accounting standards treat different lease lengths...
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The stakes are high when it comes to choosing a lease accounting platform, because it directly affects the accuracy of your company’s financial reporting. Just about every firm working to…
As you navigate the complexities of ASC 842 compliance, you may be wondering how and when to properly account for leasehold improvements. What are leasehold improvements? From an accounting standpoint,...
Read MoreIn the continuing exploration of the intersection between Environmental, Social, and Governance (ESG) reporting and the evolving landscape of real estate management, our series on ESG innovation dives deeper into…
Corporate real estate benchmarking is an important process for companies to maximize the value, efficiency, and impact of their real estate assets. This article dives into the fundamentals of corporate…
The old lease standard, ASC 840, did not require all kinds of leases to be recorded on the balance sheet, which in turn provided the opportunity for many to use...
Read MoreOff-balance sheet financing is an accounting method where certain assets or liabilities are arranged so they are not reflected on a company’s balance sheet. Instead, these items may be disclosed...
Read MoreNational survey in collaboration with CoStar Real Estate Manager finds that finance and real estate executives feel cautiously optimistic about adding new space to real estate portfolios ATLANTA–(BUSINESS WIRE)–Visual Lease (“VL”),…
Key Takeaways What CAM Charges Are: Common Area Maintenance (CAM) charges cover shared property expenses like lobbies, hallways, parking lots, landscaping, and utilities. CAM fees are the actual amounts tenants…
